Just for chart references; Gold prices has declined from November 2013 to the very end of tradng in December touching USD1182.35 low before it made a reversal price direction. High Volumes on the lower chart have signaled this prior to the end of the year.
Currently, Gold prices have recovered back to the USD1241.58 levels with a high @1248.42 for the start of the 2nd week of January trading. Position adjustments and re-positioning from its current lows have driven back market bull interest & sentiments for the precious metals. Marking a target price objective back to the 1250.50 as a re-test for the market. And a good support price level is seen @1200.00 for now.
Click to view: GOLD / DXY Overlay & EURO
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