Analysis of gold prices today – July 16, 2012

Gold price technical analysis 17 - June, 2013

As we had anticipated in our analysis of gold in the history of the last 04/07/2012. The price dropped from the regions of almost $ 1625 and after that reached its height in the latter parts of the $ 1550 and then complete the landing down to the price to $ 1556 per ounce. Osma and returned to the rise as we expected also to areas of the almost $ 1595 with the closure of markets on Friday.

According to our analysis of the past and which we had when we say that gold will probably certain range (RANGE) moves within which we expect gold to rise and arrival areas to the $ 1615-1620