Gold Weekly Technical Outlook

Gold dropped sharply to as low as 1072.3 last week as the larger down trend resumed. Further decline is now expected to 100% projection of 1307.8 to 1141.6 from 1232.0 at 1065.8, and then 1000 psychological level. On the up side, above 1117.9 will bring consolidations first before staging another fall.

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