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Gold Raises Probability Of Recovery

Discussion in 'Technical Analysis' started by Kaitlin, Apr 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Yellow metal acted decisively on Monday and provided the price with a robust enough increase, in order to close back above the vital 55-day SMA. Therefore, for now the bearish case became a temporarily solved issue. XAU/USD should be additionally backed by the March-April uptrend near 1,233.40, but any closure[​IMG]

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