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Gold Closes Above Downtrend, Exposes 1,084

Discussion in 'Technical Analysis' started by Kaitlin, Jan 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The bullion spent another trading session in a positive way, as the bulls were strong enough to push prices above 1,075 yesterday. As a result, the two-month downtrend line was crossed and now we are focusing on the next resistance area at 1,084. This one is considered to be much[​IMG]

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