TECHNICAL ANALYSIS BY NSFX 01.02.2015
Gold still trading above the dynamic resistance that links Feb 2014 and July 2014 highs. If the shiny metal should rise above 1308 is might test 1341 and then 1400 area. This could be the beginning of a long term positive trend or the developing of trading range. Key support is the 200SMA at 1245. Below this level the commodity might test 1182.