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Gold Closed At Oct 2 Low, 1,100 Level To Be Next

Discussion in 'Technical Analysis' started by Kaitlin, Nov 6, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The bullion is now declining for six consecutive days. Since Wednesday of the previous week gold has lost around $60 per ounce in its price, while yesterday a sell-off was extended below the four-month trend-line. Bearish action was stopped by the Oct 2 low at 1,106. Our expectations are turning[​IMG]

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