Wednesday, April 3, 2013

GOLD at Major Support 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. 

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