Gold Technicals: march 30, 2015
ICN.com | Mar 30, 2015 06:37AM ET
The recovery on gold has been limited at 50% of the upside wave from 1151.00 to 1307.00 meeting one of our previous week’s target at 1219.00. The downside actions seen on Friday along with coming below 61.8% Fibonacci level once again are negative factors that may trigger more bearishness at least during the first half of this week. A break below 1172.00 will ease the path towards 1150.00 territories.
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