Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 14, 2013
MCX Gold Analysis
First chart shows price nearing crucial support resistance zone between 1620 - 1630
Golden ratio in weekly chart is also around the same level.
Price has violated 100 Week SMA. Bears of gold need a weekly close below 100 Week SMA to extend the fall beyond the above mentioned support levels.
Share to Twitter
Share to Facebook
Share to Pinterest
Post a Comment
Post Comments (Atom)