Gold /USD Technical Analysis for September 05 2013 by
MBCFX
The Gold prices have retreated below $ 1400 to reach
$1387 per ounce.
And this level
represents a strong support point, and it the Gold/USD breaches down this level,
it will decline further to the $1380, then $1375.
We also recommend our dear traders to monitor the ECB
report for today, also the US
Jobless Claims which will affect the Gold prices.