Gold /USD Technical Analysis /05.22.2013/ MBCFX


Gold /USD Technical Analysis /05.22.2013/ MBCFX
 

The Gold rose on Wednesday on Chinese great demand after statements by officials of the U.S. central bank calmed investor fears that the central bank will soon cut bond purchases, and this policy t supports the precious metal, which confirms our gold technical analysis expectations since  the beginning of the week that  the GOLD/USD has been witnessing a  period of recovery and we are waiting to sire and reach  the $1400 and then1481 per ounce.
 

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