By CommoditiesMansion.com
Looking at the longer-term charts, it is obvious that the $1,450 area is going to be a big deal in the gold markets. Price is struggling at this point, and is suggesting that a pullback is probably coming. Massive support begins at $1,380 and a break below that would signal further weakness until $1,325 – which would signal a possible trend change. However, don’t bet on it. The $1,450 mark will probably give way after some consolidation in this market.
