Gold Forecast Nov. 23rd, 2011, Technical Analysis

The gold markets rose during the session on Tuesday as traders stepped in to support the long term bullish run in this market. The $1,650 area has held as support, and it looks like the area we mentioned between $1,600 and $1,700 should provide support going forward. At this point, we like buying gold if it breaks the highs from the Tuesday session. Stability seems to have return in this market, and the long grind upward could continue from here.

Gold Forecast Nov. 23rd, 2011, Technical Analysis Gold Forecast Nov. 23rd, 2011, Technical Analysis

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