The shiny stuff has been benefitting from the current risk aversion sentiment and from a wobble below $1100 early in the month has now made steady-ish progress to $1165.47
Technical resistance (76.4% Fib level) now lays ahead at $1175 with offers there and more into $1200 and into $1220
Support comes in now at $1135 and more bids/support between $1100-10 before the larger demand into $1080
Currently $1156
What's the view of our gold traders out there ?
