1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

GOLD - Near-Term Price Action Remains Congested Under 200SMA

Discussion in 'Technical Analysis' started by Kaitlin, Oct 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,769
    Likes Received:
    0
    Near-term price action remains congested after recovery from $1241 low found solid resistance at $1265 and closing of past four days was below 200SMA that currently lies at $1262 and marks significant barrier. The downside is expected to remain under pressure while 200SMA caps, with hourly higher base at $1250,[​IMG]

    Continue reading...
     

Share This Page