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Gold At Risk Of Losing Steam As 1,300 Mark Fails

Discussion in 'Technical Analysis' started by Kaitlin, May 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The winning streak of gold futures tried to extend as far as 1,304 on Monday, but the bears regained momentum by the end of US trading and closed the spot below the vital 1,300 mark. The closest daily resistance is the upper Bollinger band again, placed at 1,295.73. Although the[​IMG]

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