Gold 4 Hour Chart As per 4 Hour charts gold took support at 50% retracement at 1325 and bounced back. Gold is unable to cross the 34 Hour EMA@1424 and has pulled back again. Till 1427 is not broken gold will remain as Sell on rise structure.Intraday players can use the below mentioned levels. Buy… Read More »
Gold Hourly Chart Gold 4 Hour chart with Fibo regression channels,is shown Gold is trading between conflunce of Fibo channels, with stif resistane at 13 ema low shown in red line. Gold will show wild moves today as US job data will be announced Bad data means more easing and gold can see a rise… Read More »
Gold and other commodities showed intense selling yesterday when Fed reserve member gave hint of Fed bond buying program can wind up if US keeps on improving. Gold is near a crucial 2 year support of $1526 and Silver near 26$, break of which can intensify technical selling. Lets analyse the technical chart of both… Read More »