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GOLD Trend update

BACK AFTER A LONG BREAK. SHIFTED TO A NEW HOUSE. TOOK SOME TIME TO HAVE THINGS IN PLACE. STARTING OFF WITH THE GOLD CHART TODAY. HOPING TO UPDATE CHARTS REGULARLY AS BEFORE.
  • Gold is trading below crucial support levels like 1270 and 1240's.
  • Second chart shows price below crucial moving averages. Pressure on gold bulls till it stays below 20 SMA. Hope for a bigger pull back only if price moves above it.
  • 4 Hour chart too shows strong trend favoring gold bulls.



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