GOLD H4 |
A Full Time Trader's Blog. The Forex and Commodities Trading with Technical and Fundamental Analysis
Saturday, October 13, 2012
GOLD Breaking Support
This in continuation to my previous post [here] looking for a correction in GOLD.
Currently price has broken the horizontal support area which has supported the 18-Sep. It has also broken the 100MA area. If daily candle closes below the horizontal area then the next support comes at 1744, also 200MA area.
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