March 25, 2018

GOLD Weekend update | Price moving into resistance zone

  • Gold had a bearish descending triangle and a Rounding top pattern. Both were bearish patterns but Gold decided to move in favour of bulls.
  • But this up move may find resistance both in Daily and weekly time frame. Resistance in daily is around 1365 and Week shows possible move up to 1377 levels. Bigger moves only if these levels are crossed on closing basis. 


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