Gold Weekly Technical Outlook

Gold gyrated in range of 1141.6/1232.0 without a clear direction. More sideway trading would be seen in near term While break of 1141.5 will bring deeper decline, ,we'd be cautious on strong support around 1130.4 to bring rebound. Meanwhile, above 1232.0 resistance will turn focus back to 1307.8 instead.

from Oil N' Gold Focus http://ift.tt/1CC8VJb