Apr 28, 2017 - $1400 Gold Is Next Level - Bloomberg Intelligence
Gold prices ticked up on Thursday and Friday on disappointing economic news but the gains were unable to overcome earlier losses.
"Gold rose on Friday as forecast-beating euro zone inflation data boosted the euro versus the dollar, while global stock markets retreated from Wednesday's record highs on concerns about global
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Apr 28, 2017 -
Gold closed higher today, at 1267. Support is at 1257.20 - the
38.2% Fibo retracement level of the March Low - April High range.
Resistance is at 1295.70 (recent high), with near term resistance at
1271.90 (23.6% Fibo level). MACD is bearish while momentum
appears to be consolidating. I am neutral as long as gold closes