February 10, 2015

GOLD Trend update

  • Gold up move was stopped at 100 Week SMA.
  • Daily chart continues to look weak. It will turn weaker if price starts to trade below the cloud.
  • 4 Hour Time frame will remain weak below the cloud. 

Bank Nifty Support levels

  • For BN the 100 SMA and the up trend line is crucial to hold.