Pages

GOLD Weekly support zone and Trend update

  • Gold Weekly chart shows price trying to find support near the 1180 levels. 
  • Daily chart is yet to clear 50 Day SMA. Unable to move above this level and 200 SMA may lead to further falls.
  • 4 Hour and One hour charts are trying to stay above the cloud. Price staying above 4 Hour cloud will give hope for Gold bulls.



DISCLAIMER

All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.