September 13, 2013

GOLD Target for the breakdown

  • The pattern shown in four hour chart suggest that price may come back to 1272 levels from were the pattern was started. It also looks like a strong reversal formation.
  • Daily chart shows price below crucial moving averages. Sustaining below 50 SMA price should test the immediate support level which is at 1272.
-->


No comments:

Post a Comment