Gold is taking another tumble and has now hit 5-month lows of $1215.60 as markets look to be betting on a december Fed taper
The same sentiment is weighing on equities today again as well but the shiny stuff is finding no solace from any investment shift at the moment.
Previous november lows of 1225 are history and the next real line of support comes in at 1180 last seen at the end of june but more recent immediate lows of 1207 will have a say too.
Resistance remains at the 1255 level but 1225-30 will now prove pivotal.
Currently 1219.50
Gold Daily 3 Dec
