mody.saied Posted May 31, 2011 Posted May 31, 2011 Gold has broken the intermediate resistance of its medium-term bullish channel to 1482 resulting in an acceleration. A pull back on these levels is expected before a resumption of bullish. According to previous events, the market indicates a bullish opportunity on the levels of 1482 with a 1st objective of 1493, then 1496. A break in 1480 would invalidate this scenario. More... Quote
adnan007 Posted September 24, 2011 Posted September 24, 2011 Gold faltered below its long-term support level and ended up the week about $100 per ounce down in a single day at $1658. The technical charts have started to indicate that a top was already formed and the downside bias has already started to pick up the pace. Quote
rexway Posted February 4, 2012 Posted February 4, 2012 Well the gold intraday do help traders in analysing the market befor taking a decision if its to enter market or not.this strategy is good for experience trader only. Quote
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