Tuesday, January 13, 2015

Gold analysis for January 13, 2014

Overview : Since our last analysis gold has been trading upwards. As we expected, the price tested the level of 1,243.97 in a volume above the average. According to the H4 time frame, we can observe demand on the market, which is a sign that selling gold at this stage looks risky. We may expect testing the levels of 1,255.00-1,265.00.



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