February 19, 2014

GOLD Support and Resistance levels

  • Hourly cloud of gold is acting as support.
  • Daily chart of gold shows price nearing the golden ratio.
  • Weekly chart has Upper bollinger band as immediate resistance level.
  • Price sustaining above the hourly cloud will extend the up move. Weakness if price starts to trade below the hourly cloud.
  • CRUDE Oil Bullish price action

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