Update On Supports And Resistances. (21/02/2013 Thursday)
Our preference: LONG positions above 1550 with targets 1580 & 1595 as next targets.
Alternative scenario: The downside breakout of 1550 will open the way to 1535 & 1525.
Gold Adviser opinion: gold prices are losing momentum. The goldadviser is posting a bullish divergence (not confirmed yet). A recovery seems more likely.
Trend: Weekly trend in bearish and monthly trend Down
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