The gold came to test its short term horizontal resistance at 1368. A break of these levels would reach the upper limit of the bullish channel at 1377.
Showing posts with label gold price 11 february 2011. Show all posts
Showing posts with label gold price 11 february 2011. Show all posts
Friday, February 11, 2011
Gold Price | Technical Analysis | 11 February 2011
Gold Price | Technical Analysis | 11 February 2011
According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1368 with a 1st objective of 1377, then 1380. A break in 1366 would invalidate this scenario.
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