Gold, May 15th 2014

Gold has made a nice uptrend from the support and reached the Short-Term Resistance at 1309.80. It was predicted before on Gold, May 10th 2014 and Gold, May 13th 2014 posts. If the bullish momentum is still intact, we could see another uptrend move to break this Short-Term Resistance and heading to the Key Resistance at 1327.63.