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GOLD More Upside In View

The yellow metal continues to move in range, is trapped between the 23.6% and the 50% retracement levels. Could come down to retest the warning line (WL1) of the ascending pitchfork before will resume the upward movement. We could go long if the mentioned support will hold, the next important target is near the $1295 per ounce.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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