(08 JANUARY 2018)GOLD (in USD):Bullish momentum continues.

Bullish momentum continues.

(Yann Quelenn)

• Gold is pushing higher after the strong

collapse even though traders are taking some

profit. Hourly support is given at 1236

(12/12/2017 low). Resistance is located at 1326

(04/01/2018).

• 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).