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Gold To Appreciate For Sixth Consecutive Day

Discussion in 'Technical Analysis' started by Kaitlin, Feb 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Yellow metal remains increasingly buoyant for the moment, given global economic uncertainty and expectations that the Fed will keep interest rates low. Yesterday gold eroded the monthly R1/weekly R2/downtrend at 1,143/47 and was only limited by the Sep 2015 high at 1,156. However, possibly poor US jobs data might be[​IMG]

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