weak chines data did not affect gold price strongly

Gold price technical analysis 17 - June, 2013

weak chines  was expected to affect Gold price globally while gold NY stock exchange was on 1618 USD/Troy an ounce and the weak chines data announced to make the gold price fluctuate for an hour then it was the chance to buy gold so most of Investors starts to buy gold so the gold price raised to reach 1620 at the end of the session.