My own analysis of gold according to how it trended for today. The precious metal is gaining a bullish strength which will see it return to the previous highs. If respected, the bullish trend will respect the previous testing points before pushing for the next level. In this analysis gold is currently being tested at 1872/73 level, pass that, its next stop will be...
I used the fibb retracement to check for the upward movement where gold would find support. This has gone up to the 1915 level and from there we see a it started to go to lowers slowly. I think it can go as low as 1860 if it loses momentum to go higher.
