Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 20, 2014
GOLD Engulfing Pattern
Weekly chart looks really bad for Gold Bulls so far. Price is making a Bearish engulfing pattern. Two more day's for Gold bulls to avoid a bearish pattern on closing basis.
Bearishness is happening at the weekly cloud.
Crucial support zone is at the 200 and 50 Day SMA.
Share to Twitter
Share to Facebook
Share to Pinterest
Post a Comment
Post Comments (Atom)