Gold could go back down - page 13

[Mawreen Lawson]

I agree, there's no point in trading at the moment before the news come out.

[trader_ph]

any idea where gold will go from here? thank in advance. 

[Alexander Londono]

Oil WTI is at the 48.00 level and it may go to the 50.00 level, it does need strong fundamental reasons to make the jump to the 50 level.

[Ari Goldman]

Bearish on Gold.

[Mawreen Lawson]

I agree, next target is likely around 1205.

[Mawreen Lawson]

Gold is still testing 1200. I hope the Non-Farm Payrolls on Friday will finally make it move.

[Mawreen Lawson]

It looks like Gold bounced off 1200 again. Next target is at 1223.

[Mawreen Lawson]

AngelGirl:
Today I am looking at gold, silver, the gold/silver ratio, & the US dollar index & wondering hard what it all says.

I doubt any of them will say anything before the ECB press conference today and the NFP tomorrow.

[Diana Jackson]

Thanks to the Non-farm Payrolls Gold sharply moved up and is currently testing 1240. I think next target is 1280 again.

[techmac]

USD having a disaster deay