الأربعاء، 3 فبراير 2016

Technical Analysis of GOLD intraday Trading



Gold prices nudged up slightly in Asia on Wednesday with the continued focus on likely Federal Reserve steps on interest rates this year.
On the Comex division of the New York Mercantile Exchange, gold for April delivery rose 0.04% to $1.127.40 a troy ounce.
Most Likely Scenario:- Long Above @1122.70 with target 1134.20 to continue its uptrend
Alternative:- Short Below @1122.70 with target 1113.50 for further retracement.
RSI Still moves in buying area.
Trend:- Uptrend
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