Gold price analysis for the end of the of the week

Gold price technical analysis 17 - June, 2013

Gold price analysis for the end of the of the week- gold watched fluctuate in the previous week trading session in which gold opened at a decline in Gold price and it was expected for gold price to continue stable in the trading session this week at the level of 1610 USD/troy an ounce but gold watched a lot of buying process to record 1620 USD/troy an ounce, at the same time there was on Friday the weak chines data which did not had a lot of negative impact on the gold price or on the global economy not gold only so gold gains were equal to 0.22% rise in gold price.