Thursday, August 23, 2012

Gold ~ Update ~ 23 August 2012

Two days ago gold finally broke above the resistance around 1630/40ish. Since then, it has already gained more than 30 $:

The next targets are 1720ish and 1800.

Since 1640 is breached, the medium-term trend is up again and remains up as long as 1630/40 holds.