www.goldtrends.net The move higher this week in gold shows a breakout above the old trading range. Price has been consolidating for the past 48 hours ---- first support is the lower purple channel line. As long as price is above that area -- the trend higher is favored. First resistance is the upper dotted line in the 1480 zone.
Gold Thursday Close
www.goldtrends.net The move higher this week in gold shows a breakout above the old trading range. Price has been consolidating for the past 48 hours ---- first support is the lower purple channel line. As long as price is above that area -- the trend higher is favored. First resistance is the upper dotted line in the 1480 zone.
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