The gold markets had a very quiet session on holiday traffic as the support area in the $1,700 range. The support goes all the way down to $1,600 – which shows just how bullish the market really is. Because of this, we don’t sell, and look for buying opportunities. The last couple of sessions have been quiet, and this is exactly what we wanted to see. We are buying on bullish action going forward.
Gold Forecast Nov. 25th, 2011, Technical Analysis
Originally posted here
