- GOLD One hour chart shows price making new high's above the rising support line.
- But Monthly charts are fast approaching crucial resistance levels which has to be crossed for extending this up move.
- Between 1435 and 1450 Price has to cross 50 Months SMA and 38.2% Fib level which were broken during the previous down move. So this zone may act as resistance. Daily close above this zone will make gold bulls stronger.
- CRUDE Oil testing the breakout
No comments:
Post a Comment