Riding lower.
(By Yann Quelenn )
• Gold remains weak. The technical structure
confirms an underlying bearish trend. Strong
support lies at a distance at 1204 (10/07/2017
high). Resistance is now located at 1288
(20/10/2017).
• In the long-term, the technical structure
suggests that there is a growing upside
momentum. A break of 1392 (17/03/2014) is
necessary ton confirm it, A major support can be
found at 1045 (05/02/2010 low)
