July 14, 2011

GOLD Range breakout and monthly resistance line

  • Gold line chart is shown with a range breakout.
  • Target for the current breakout is near 1367 level.
  • But price is hitting a resistance line in monthly time frame. 
  • Price to move up higher this resistance line has to be broken.
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1 comment:

  1. astrofiboJuly 14, 2011 at 12:47 AM

    XAUUSD Buy!
    http://astrofibo.blogspot.com/2011/07/xauusd-60-min-buy-any-pullback_249.html

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