May 23, 2012

GOLD Erasing gains


  • Gold Hour chart shows price trading below 200 Hour SMA. Last week's move above 200 Hour SMA did not sustain.
  • Weekly chart shows price getting resisted near weekly cloud.
  • 20 Day SMA too is acting as resistance. Price has to trade above 20 Day SMA for an up move to sustain. 
  • COPPER TESTING SUPPORT LINE


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