Gold Continues To Trade Near The 1,340 Level

Discussion in 'Technical Analysis' started by Kaitlin, Aug 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The yellow metal is trading near the weekly pivot point at 1,340.78 from the upside, as the metal was priced at 1,341.85 by 5:00 GMT on Wednesday. However, the bullion surged previously on Tuesday, as it jumped past the monthly pivot point at 1,345.31 and weekly R1 at 1,351.70 and[​IMG]

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