Gold is currently testing the upper limit of its short term bearish channel at 1335. A break of these levels would reach the upper limit of its medium-term bearish channel at 1344.
Showing posts with label gols price analysis february 2011. Show all posts
Showing posts with label gols price analysis february 2011. Show all posts
Thursday, February 3, 2011
Gold Price | Technical Analysis | 3 February 2011
Gold Price | Technical Analysis | 3 February 2011
According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1335 with a 1st objective of 1344, then 1347. A break in 1333 would invalidate this scenario.
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