Spot Gold Forecast for 02/11 by


Spot Gold has been directionless for over a week now stuck from 1684.05 down to 1658.01. We held our resistance at 1673 on Friday but above here we could try for 1677.00/75. If we push through here today look for 1682.18-1683.10. Above here however we can test the high for thepast weeks at 1684.10/85.We have 200 day moving average support at 1665 today. Any longs here need a stop below last Monday’s low of 1662 for 1660/58.



Long term levels1754.46     Nov High1723.45     Dec High1709.09     100 Day Moving Average1696.20     Jan High1684.87     Last Week’s High1672.69     Nov Low1662.01     Last Week’s Low1650.60     100 Week Moving Average

1635.75     Dec Low


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