Technical analysis of Gold for January 13, 2014.
Technical outlook and chart setups: 1. Gold has rallied towards $1,250.00 in early trade today. Another high around $1,267.00/70.00 could be expected in 1-2 trade sessions before a meaningful correction takes place. The best level to go long would be around $1,206.00-$1,210.00. 2. Immediate resistance is at $1,267.00/70.00, while support is at $1,220.00, followed by […]