Gold encountered early selling pressure but somehow managed to overcome.Some positive technical developments:The price of gold managed to cross the diagonal downtrend resistance line coming from the 730$ top.Gold is now again above the 76.4% Fibonacci line on the 8 hours chart.The price of gold have constructed potential head & shoulder pattern on the 1/2 hour chart , the initial price target for
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment