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Gold To Hover Between 1,105 And 1,130

Discussion in 'Technical Analysis' started by Kaitlin, Feb 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Two formidable technical areas are highly likely to put both upside and downside pressure on gold at the same time. Support is located around 1,100/05, represented by 100/20-day SMA, monthly PP, weekly S1 and Oct/Sep 2015 lows. Any possible slide below here will see sentiment deteriorating, and new targets will[​IMG]

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