Gold price

Gold in the short-term support is 1520 dollars, and below that support the market outlook is not optimistic about the prospects. If the $ 1520 support was not guaranteed, then the next key support level is 1470 U.S. dollars, and, this is indeed possible to make the price of gold dropping $ 1 400.

Recent key resistance of the gold price is $ 1600, and noted that the central bank purchase of gold and Southeast Asian countries, entities demand situation will be to boost the price of gold, but the demand situation in India is still sluggish in the near future.