Tuesday, January 7, 2014

Gold Price testing support after dropping

The Bears have exerted their influence today and driven price down. If this continues the Camarilla chart is showing a short may be in order

On this 4 hr chart price is still above the support of the Ichimoku Cloud

My view is that the resistance provided by the Ichimoku Cloud on the daily chart will be formidable for months to come.


No comments:

Post a Comment

Newer Post Older Post Home