Gold Tp Plunge Below 1,235 In Volatile Trading

Discussion in 'Technical Analysis' started by Kaitlin, Mar 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The bullion's activity is very high this Wednesday morning. Following the bullish failure to push prices anywhere beyond the 1,250 level, today we are seeing a heavy selling pressure. The most immediate support is the two-month uptrend located at 1,235; however, we suspect that formidable bearish sentiment will lead to[​IMG]

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