Gold rises amid new expectations 16/09/2013

Gold rises amid new expectations 16/09/2013

Gold dropped 0.08%, to close at 1,326 /OZ after the truce in the Middle East where Syria will deliver the chemical weapons. And technically, according to Fibonacci retracement level on the scheme eight hours, if you skip the Gold turnpike resistance level at 1,334 dollars, it pays price towards 1,353 dollars, however, you may drop gold in terms of prices in the direction of the support level at 1,304 dollars, and if you skip the metal this level is expected to decline in prices up to $ 1,272.

Resistance 1353 1372 1385
Support 1314 1304 1272

Gold rises amid new expectations 16/09/2013

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