- Gold daily chart shows weakness.
- Confluence of support around 1330 - 1340 zone may avoid a bigger fall in gold.
- Breaking below this zone on closing basis may change the bullish structure of short term charts.
September 5, 2013
GOLD Support levels
ES Chart update
- 4 Hour chart shows price testing crucial 38.2% Fib level
- One hour chart shows a bullish cross with 50 and 200 Hour sma.
- Hour in a small trading range. Bullishness will be intact as long as price stays above 50 and 200 Hour SMA.
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