- GOLD 4 hour chart shows price violating 50 period SMA. Price need to sustain above the cloud and the resistance zone shown in last chart for a bigger up move to happen.
- ES CHART UPDATE
December 4, 2013
- Ford daily chart shows price getting resisted at 17.20 levels and breaking the support line of the contraction pattern.
- Daily line chart shows crucial support zone between 16.50 - 16.60. If this level is taken out on closing basis then Ford may fall towards the next support levels shown in the last chart.
- For ford bulls must sustain above 16.50 levels on closing basis to avoid a bigger fall.
- FORD Chart analysis
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.