

Albert Fitoussi
Technical analysis
Gold approaching the upper limit of its medium term bearish channel in 1822 suggesting a decline. However a break of these levels would free up significant potential and initiate a new trend.
According to previous events, the market indicates a bullish opportunity as soon as the gold will have broken its resistance in 1822 with a 1st objective of 1832, then 1835. A break in 1820 would invalidate this scenario.
http://instaforex.com/forex_analysis/38688/?x=OUE
No comments:
Post a Comment