My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 20, 2015
GOLD Chart analysis
- Gold moving towards the broken support zone in weekly time frame. Daily chart shown the same levels with crucial fib levels.
- 4 Hour chart shows the start of a trending up move. This bounce will be safe till price stays above the cloud in this time frame. Price also needs to move above the previous broken support zone which may act as resistance now.
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