Gold Breaks $1400

As discussed in the following post How a Fibonacci Ratio Showed an Important Resistance and Support Level in Gold After retracing 61.8% of the gold crash, spot gold prices have fallen back and are now trading back under the psychologically important $1400 for the first time in four weeks.  This also ascertain to our fact … Read more Gold Breaks $1400

Gold technical analysis

As discussed on 5 Apr Gold technical analysis before crucial Jobs data Gold bounced from 1540 odd levels and achieved all target on upside. After rally on Friday gold went into consolidation phase in past 2 days. Lets analyse whats in store for today. Gold Hourly Chart Gold 4 Hour chart with Fibo regression channels,is … Read more Gold technical analysis