Friday, January 30, 2015

Gold facing most important test in years and years right now!

by Chris Kimble

goldresistancexmarksthespotjan28

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Gold is now testing the underside of an old 10-year support line, now as resistance. This line is also being joined by another resistance line, at current price levels.

The "X" marks the spot that looks to be VERY important for the future of long-term gold prices.

Keep a close eye on what happens here because it could determine if Gold gets out of its three year downward funk or its gets a breath of fresh air on a breakout.

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