COMEX Gold is in a consolidation phase. Last week COMEX Gold
did a low of 1175$ and moved in a range of 1175$ to 1204$ an
ounce. In the coming week 1165$/ 1145$ an ounce will act as a
good support in COMEX Gold, below 1165$/1160$ an ounce it
can slightly correct and could test the levels of 1140 $/ 1125 $ an
ounce and above 1220$ an ounce it can touch the level of 1240$
/1260$.
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