22nd Feb - Gold Nearing Long Term Support Again
22 February 2013
MONTHLY CHART – CONTINUATION:
Earlier 23.6% support is once again being neared. A break beneath this would be a clear bear signal and open the way for the lower 1278.00 38.2% level.
DAILY CHART – Apr-13:
The top of the bear channel has provided effective resistance and latest weakness has seen breach of the channel base and 76.4% retracement. There is not much in the way of a return to the 1538.70 May-12 low area which is not far above the long term23.6% level.
Bears have the upper hand currently and , at this stage, only a recovery through the old channel top around 1680.00 would tilt the scales.
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27th Feb - USD/CAD Recovery Challenges Key Resistance 
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19th February - Cable has broken down