August 16, 2013

GOLD Support and Resistance levels


  • GOLD 4 Hour chart shows price closing above resistance zone.
  • Daily chart has violated 100 Day SMA. Bulls of gold need a close above this zone to strengthen this up move.
  • Last chart shows potential targets or resistance levels for the current up move. Broken resistance levels and 100 Day SMA may act as support.
  • SILVER Trend update
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