Wednesday, April 3, 2013

GOLD at Major Support

myfxvoyage.blogspot.com GOLD Triangle
GOLD Daily
I am watching this setup from past few sessions. 
GOLD has been trading in a daily triangle since long and now is touching the lower trendline.
Just below the trendline comes another major support area. 



I see a series of support here and I think it will be tough to break lower. I am building my long positions. I went long at 1565 and will keep adding till 1530/25. 


No comments:

Post a Comment

Related Post