For the best part of the last couple of weeks gold has moved strongly off the support at $1150 up to a three week high right around $1220 level, before easing lower back towards the key $1200 level to finish out last week. It has started this week easing lower below $1200 falling sharply in the last 24 hours or so back down around $1185. It still has its eyes firmly on the key $1200 level and it will be interesting to see whether it can remain within reach of this level. Prior to the recent move, gold remained quite steady enjoying strong support from the $1150 level whilst some eyes would have been looking lower. ... (full story)