7055 resistance

Oct 19, 2016

Had support at 6973 and resistance at 7055 for today. Might still reach that high, as the EIA oil report, plus a 8.7 divi have driven this up this afternoon. Gold has started rising and broken through the 1262 resistance (possible back test on that), which might be a precursor to some FTSE bearishness for the second half of the week. That said, it is still worth keeping an eye on earnings.

Oct 21, 2016

Note

Gold has backtested the 1262 level overnight and started to climb