Gold Extends Pullback From Trend-Channel Resistance

Discussion in 'Technical Analysis' started by Kaitlin, Feb 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Even as the Gold prices managed to test the highest level in a more than a year during early February, the yellow metal failed to surpass the longer-term descending trend-channel resistance, presently at $1260 and has been witnessing pullback since last two weeks. The bullion presently seems aiming the dip[​IMG]

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