| We can see that gold is clearly at some important levels. Gold posted a low on June 28th at $1180, then on October 15th gold posted a higher low at $1251. That upward sloping line of support now comes in around the $1270 level – just below where gold is trading this morning.
This rising level of support will be a ‘must hold’ level for the bulls this week, otherwise it will be a quick trip back to test that low of $1251 posted on October 15th...............................................Full Article: Source
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