Gold trends lower and lower

Discussion in 'Technical Analysis' started by ForexLive, Nov 4, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Falls below bottom trend line support Gold has moved below a lower trend line support line at the 1119.50 area. This accelerates the trend down. If the buyers have a hope, it will be on a failure of the break. Otherwise, the sellers remain in control. The dip buyers remain nervous.

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