FXHIGHWAY

 Breaking News


Gold






12/23/2014 2:04:19 AM

Negative formation changes Gold track downwards



The completion of a head and shoulders’ pattern that has negative targets changes the intraday track downwards, and negative pressure coming from the exponential moving average 50 supports more decline.

Rise at the bears’ power indicator, and stochastic positivity might push to retest the broken neckline at 1190.00.


Target
Risk


Support
Resistance


Trend Bearish

Logs

Advertisements