March 1, 2012

GOLD Analysis - Multiple time frames

GOLD DAILY CHART
GOLD FOUR HOUR CHART
  • A bearish weekly close may take gold towards 50 Week SMA.
  • Daily chart closing today below 200 SMA will confirm weakness.
  • If price sustains above 200 Period SMA in four hour chart an up move can be seen.
  • S&P 500 EOD UPDATE

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