GOLD - Strong Recovery May Extend To Daily Cloud Top At $1341

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Wednesday's strong rally was fuelled by weaker dollar on dovish Fed, marked the strongest daily gains since 06 September. Long bullish daily candle with long tail was left yesterday, generating strong bullish signal and sidelining downside risk after recent bears stalled on approach to key $1300 support. Recovery rally probed[​IMG]

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