Gold stuck between 1190 and 1220!

gold 04.03.

For eleven days, gold can’t get out of the 1190/1220 range. On the way down, gold find support at 1190/95, on the way up, daily MA100 is holding at 1215 and 1222/23 as resistance from previous days. It’s look like the gold could spend more days at this range, or the bears will try to brake 1190!? I don’t see the reason for gold to move up stronger, do you?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s