ISSN: 2056-3736 (Online Version) | 2056-3728 (Print Version)


GOLD: Having turned higher the past week to reverse its previous week losses, GOLD eyes more strength on recovery. On the downside, support comes in at the 1060.00 level where a break will turn attention to the 1050.00 level. Further down, a cut through here will open the door for a move lower towards the 1040.00 level. Below here if seen could trigger further downside pressure targeting the 1030.00 level. Conversely, resistance resides at the 1088.00 level where a break will aim at the 1098.00 level. A turn above there will expose the 1110.00 level. Further out, resistance stands at the 1120.00 level. Its daily RSI is bullish and pointing higher suggesting further upside.