Like playing trampoline, the gold price moves up and down to follow a certain pattern - the pattern formed by market forces. By observing the world gold price during the last three months for example, we can see how trampoline net is located. In the technical language of this position is called Support Level.

In the past month and a half the price of gold seems to four times touching Support Level price of around 1.080, but not lower than this level Support. Market analysts generally interpret this as signs that the market is bullish or have a tendency to rise. Prices are pressured by the continuing fall of sell (or other reasons) but the mental strength back up by market demand. Last night for instance, jumps back up occurs when the price was approaching U.S. $ 1,081 / Oz.

To what extent this will leap up and over?; Upper limit that can be addressed by this leap is the highest points of the previous - so the graphics could have this up movement through the point of U.S. $ 1,200-an example; it anyway because that's the point had been reached previously. The highest point is called the Resistance Level.

What happens if the opposite is happening is the price of success through the Support Level of 1.080?; When the trampoline (Support Level) breached the possibility that prices will continue to fall toward the next Level Support, Support Level is a number of long-term can be approached from a moving average that I've explained before in the range of U.S. $ 975/Oz.