Video: Fed Week & Monthly Close Could Mark Turns for Gold & Silver
The levels for Gold remain the same. There is resistance at $1950, $1960 and a potential pattern target measuring to $2020. Last week Gold came within cents of $1950. We are on guard for a correction and that will remain the case even if Gold reaches the $2020 target.
The Fed figures to talk tough this week and that could hit the miners which have rallied with the stock market but outperformed it.