daily gold forecast update for 16th January 2015
Yesterday gold broke our resistance of 1245$ and fired upto 1267$ , if gold price click our support of 1245$ and manage to sustain below our support then expect gold to correct upto 1232$ – 1220$ .
If gold price click our resistance of 1268$ and manage to sustain above our technical resistance today then expect gold to test upto 1280$ – 1299$ .
Gold forecast conclusion : Gold is still in positive zone
More will update to our subscribers