March 10, 2018

GOLD Near support zone | Rounding Top

  • Gold daily and weekly charts shows crucial support zone between 1310 - 1315 levels.
  • Daily chart also has 100 SMA and 200 SMA near this support zone. For a bigger fall price must not only break the support zone but also the crucial moving averages.
  • Last chart the weekly time frame shows the major fall below 1310 zone which took price below 1200 levels. If price closes below 200 such a fall can repeat....
  • CRUDE Oil near 100 SMA, Triangle pattern