Previous week action:Gold traded between ~893$ and ~934$ which is a 41$ trading range for the week. Open = 928$ and close 910$, third red candle in a row.However, gold did not trade below or above any significant low or high. Cyclical resistance zones: July 15 high of ~988$ and March 17 high (all times high) ~1032.20$.Cyclical support zones: 12 Jun Low of ~857.45$ May 2 low of ~845.50$.Pivot zone
Subscribe to:
Posts (Atom)