Published: 1970.01.01. GOLD RATE

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Gold first resistance at 1328/29 but a break above 1331 targets a selling opportunity at 1338/39, with stops above 1343.
Minor support at 1320/21 but below here re-targets 1316. Below 1315 look for 1313 then 1310/09. I'm hoping we fall as far as strong support at 1303/1300 in to next week. This should be an excellent buying opportunity with potential for the longer term bull trend to resume. Longs need wide stops below 1289 as this is such a major important support area, the profit potential is huge & worth the risk.

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