My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 21, 2011
GOLD Support and Resistance levels
Gold daily is trading between 1603 and 1694.
Right now price is moving towards 20 Day SMA. Closing above this moving average will keep the bullish momentum intact. Getting resisted @ 20 SMA will pull prices back towards 1603.
Bigger moves will happen once this range gets resolved.
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