Gold Chart For 2015 is Undeniably Bearish

22
2
SHARE

gsr-chart-1-neal-bhai-reports.jpgGold Silver Reports – The gold chart for 2015 is undeniably bearish. The failure of support at $1,072 was significant and suggests more downside ahead. That being said, the price appears to be carving out a bottoming pattern and has bounced back above $1,072 several times since the support was initially breached. This gives some bullish color to our outlook on gold, especially if the price can climb back above $1,100 in the near term. – Neal Bhai Reports