PhareDuBoute

Golds last stand

PhareDuBoute Aggiornato   
COMEX:GC1!   Futures Oro
Here is a small interpretation of the Weekly Gold chart. I am looking for a solid bounce at 1155-1160. This area is basically gold's last stand in my mind. Break it and I think we see 880 rather quickly. It would also suggest that the Dollar has still plenty of upside going forward.
Commento:
Given Gold's performance since I posted this perhaps the level of interest was 1184 given that the weekly closed about 7pts clear of it to the upside.
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