- Gold nearing channel resistance line.
- Price also testing the cloud and near 100 Day SMA.
- Bulls of Gold must trade the above mentioned levels for an up move towards 1750 to happen. Getting resisted at the channel could give a correction back to the channel support line.
- DOW JONES TRIPLE DIVERGENCE
GOLD Chart Analysis
DISCLAIMER
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.




0 comments:
Post a Comment