GOLD / 29/12/2014 08:05:06 Opens with Upward Movement After ChristmasClosing below 1178 level on Wednesday, low levels encouraged purchases on gold, then gold opened Friday with upward movement. Within this, gold took support from 1178 level, and tested 1200 resistance.
Technically; gold moved upwards to 1200 level, again. If gold breaks 1200 resistance upwards, then 1208 resistance would be followed. If gold stays below 1200 level, then 1192 and 1187 supports would be aimed.