Gold

Commodity

XAUUSD

Delayed 03:11:30 2024-04-26 pm EDT			5-day change	1st Jan Change
2,339 ^USD	+0.35%		-1.73%	+13.38%

08:01pm	Gold Trading Higher Midafternoon as Treasury Yields Ease After a US Inflation Measure Tops Forecast	MT
07:09pm	Exchange-Traded Funds, US Equities Rise After Fed's Preferred Inflation Gauge Meets Expectations	MT

Gold at Make or Break Level

February 10, 2015 at 03:15 pm EST

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Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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-Bottom line, gold is at support (1228) from a median line confluence. This is an important level and if gold is going to work higher then it should do so now. Failure to hold up here would delay any bullish action until the next support, probably near 1177.

original source

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