View full page at energyexch.com

 

Daily Oil, Gold, Silver Technical Analysis

From fxdailyreport.com

Gold prices can stay above the green box area and are waiting for bullish momentum to continue their upward movement. As in the previous analysis, if there is a further decline then the $2,150 point could be a downside target. Meanwhile, points like $2,500 and $2,600 will be targets for the bulls. Traders could continue to use the green box area as a place to enter long positions for now. Gold prices can stay above the green box area and are waiting for bullish momentum to continue their upward movement. As in the previous analysis, if there is a further decline then the $2,150 point could be a downside target. ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis