Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 3, 2013
GOLD Chart update
Gold four hour chart continues to show weakness at Golden ratio.
Weakness followed by a bearish Inverted hammer candlestick in 4 Hour time frame.
Price is getting support at the four hour cloud. Gold bears need to fall into the cloud for a bigger down move to happen.
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