Gold charts Showing Weakness Under $ 1100, Its Hovering Around $ 1090 From Last 15 Days. But Now Gold charts Showing Weakness Under $ 1090. This type Volatility Continues Till 5 Feb Settlement. Various Fund Manager Also Waiting The Obama Policy On Banking . According CFTC Data , Many Commercials & Non - Commercial Traders Cover Their Long Positions In Comex.
The New Word " Gold Bubble " comes Into Focus In World Markets.
Gold Trend For Feb Depend On Levels, If Gold Not Able To Cross Under $ 1104 Then Trend Bearish My Target $ 1082 - 1076 - 1062 - 1044 - 1032.
Above $ 1104 Levels Gold Trend Very strong My Target $ 1117 - 1138 - 1156. Gold Funds Managers Or Etf's Head Are Analyzing The Economic Situation but All Economic Factors Are In Favor For Booming Economy.
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