Gold Market Update for February 09th

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Here is today’s chart on gold for Feb 09th. Price ended lower today. We are still in a down trend. Am watching for support at 1310.00 then 1300.00. Resistance at 1330.00

“Gold futures declined on Friday to suffer from their largest weekly loss in two months, as investors eyed volatility in global stocks and a leading dollar index aimed for its best weekly performance in more than a year…” https://www.marketwatch.com

This commentary and chart is provided for informational and educational purposes only and is not a recommendation to buy or sell any gold contract. Here’s the chart which is provided by Barchart.com

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