1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Gold's Pullback Moves Confined By Descending Trend-line

Discussion in 'Technical Analysis' started by Kaitlin, Dec 24, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,769
    Likes Received:
    0
    Even if the year-end moves of the yellow metal pulled Gold prices back from its two year old descending trend-channel support 61.8% FE of its January – July downside, the bullion consecutively failed to surpass short-term descending trend-line resistance, favoring overall weakness. From the present levels, the $1157, followed[​IMG]

    Continue reading...
     

Share This Page