Gold Weekly Technical Outlook

Gold is still staying in range of 1097.7/1169.8 and outlook is unchanged. Decisive break of 1169.8 will have the near term falling trend line firmly taken out. And that should indicate trend reversal and bring stronger rise to 1232.0 resistance and above. Meanwhile, break of 1097.7 will turn focus back to 1072.3 low instead.

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