October 26, 2011

GOLD Near 50 Day SMA

  • Gold having given a breakout above 20 SMA is moving towards its 50 Day Simple Moving Average.
  • Day closing above 50 SMA will add strength for the current up move.
  • Getting resisted here and giving bearish daily candles may result in a correction.
By at

7 comments:

  1. dysOctober 26, 2011 at 11:05 AM

    Dear San,

    Wish you a Very very Happy Diwali & Prosperous New Year.

    Thanks & Regards

    ReplyDelete
  2. SanOctober 26, 2011 at 11:21 AM

    Thanks dys
    Wish you and your family a very happy Diwali.

    ReplyDelete
  3. mynacOctober 26, 2011 at 1:56 PM

    Dear San,
    Wishing you and your family very happy Deepavali.

    ReplyDelete
  4. UnknownOctober 26, 2011 at 2:03 PM

    wishing you and ur family very happy diwali

    ReplyDelete
  5. SanOctober 26, 2011 at 2:18 PM

    Thanks MYNAC and JIGS for the wishes

    Wish you and your family a happy Diwali.

    ReplyDelete
  6. r mOctober 26, 2011 at 2:36 PM

    Dear San

    Wishing you a very Happy Diwali and prosperous new year.

    regards.
    rm

    ReplyDelete
  7. SanOctober 26, 2011 at 4:21 PM

    @r m
    Nice to see you after a long time.

    Wish you and your family a happy Diwali.

    ReplyDelete

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