October 12, 2011

GOLD Hour chart Analysis

  • Gold has moved above 100 Hour SMA.
  • For bulls of gold price should sustain above 100 Hour SMA and it should also hold on to 1670 - 1680 levels.
  • Falling below 100 Hour SMA right now will favor bears for a correction.
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1 comment:

  1. Real PilotOctober 16, 2011 at 4:35 AM

    SAB,
    Staying above 100 hr sma, what is the next resistence?

    ReplyDelete

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