Gold breaks lower below 1373.00 low, probably approaching the main - TopicsExpress



          

Gold breaks lower below 1373.00 low, probably approaching the main ascending trend line around 1350.00 horizontal support. Accordingly, the bearish scenario is favored today. RSI is negative supporting the bearish momentum. Support: 1368.00, 1358.00, 1352.00, 1346.00, 1335.00 Resistance: 1373.00, 1380.00, 1390.00, 1400.00, 1415.00 Recommendation Short below 1373.00, targets at 1358.00, and 1350.00. Stop loss four-hour closing above 1382.00
Posted on: Fri, 06 Sep 2013 09:45:50 +0000

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