Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 11, 2013
GOLD Chart analysis
Gold monthly chart shows price trading below 50 Month SMA.
If the big round number at 1300 which is the 50% Fib level gets broken then a bigger fall towards the golden ratio is possible.
Weekly chart shows price trading below 200 Week SMA. Weakness can be seen on price falling below 1321 levels.
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