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FX.co ★ GOLD Intraday Technical analysis

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Forex Analysis:::2011-01-07T08:53:53

GOLD Intraday Technical analysis

GOLD Intraday Technical analysis

Gold is currently testing the lower limit of its trading range medium term to 1364. A break of these levels would release significant potential and initiate a downward trend.


According to previous events, the market indicates a bearish opportunity as soon as the spot rate will have broken its support in 1364 with a 1st objective of 1351, then 1342. A break in 1366 would invalidate this scenario

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