Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 25, 2015
Descending Channel and Golden ratio of GOLD
Gold 4 hour chart shows price falling in a channel.
4 Hour cloud is the Immediate resistance level in this time frame.
Price in Daily chart is trying to stay above the golden ratio. If this level is not saved then bigger falls are possible.
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