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Gold Falls Below 1,340 level

Discussion in 'Technical Analysis' started by Kaitlin, Sep 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Gold traded just above the support cluster above 1,335 level on Friday morning due to a failure to break through a resistance cluster on Thursday. The yellow metal did not manage to break the resistance cluster comprised of the weekly R2 at 1,346.69 and monthly R1 at 1,348.50. On Friday[​IMG]

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