We believe that the level of 1235-1240$ is very important for gold.Bulls need to see price of gold above that level and preferably RSI14(weekly) breaking above its respective resistance area of 60-65(usually that happens during a 3,III).If Gold moves below that level the bullish scenario is loosing steam... 1/27/15
We believe that the level of 1235-1240$ is very important for gold.Bulls need to see price of gold above that level and preferably RSI14(weekly) breaking above its respective resistance area of 60-65(usually that happens during a 3,III).If Gold moves below that level the bullish scenario is loosing steam... 1/27/15