December 12, 2011

GOLD Analysis

  • Gold has given a breakdown from the triangle pattern in daily time frame.
  • Price is testing its 200 Day SMA.
  • Last fall to this level was followed by a corrective up move. But this time if daily candle manages to close below 200 SMA We may see deeper cut in gold prices.

1 comment:

  1. San,

    Monday Update