FXHIGHWAY

 Breaking News


Gold






12/9/2014 2:57:50 AM

Gold - Technical Analysis: Tuesday, 09/12/2014 07:57 GMT



The continuous attempts to breach the neckline of the double bottom pattern at 1207.65, and positive support providing by the exponential moving average 50 to push the price to achieve the required breach.

Stochastic heads upwards but it approaches from the overbought areas, and urges us to be cautious from a potential temporary negative attempts.


Target
Risk


Support
Resistance


Trend Bullish

Logs

Advertisements