Sunday, October 5, 2014

Gold



On the daily chart, the price is behaving like a bear inside a down sloping channel and a harmonic pattern is in sight simultaneously. Till October 9th its time will be fulfilled and we are expecting a growth if it got stabilized around $1200 area. on the other hand, we are expecting a drop by having the price stabilized below the channel in $1190 area.

.

No comments:

Post a Comment