Gold FuturesShort
GOLD Sell
Several sell pressure candles appeared in the last couple of weeks, showing that investors are looking for other assets.
21st September weekly candle broke the August 2011 support level with increased volume. The high of the weekly candle is $1963 as it is a very strong resistance, based on the traded volume. In case of rejections of that price, most likely will see $1770 as a next support level.
21st September weekly candle broke the August 2011 support level with increased volume. The high of the weekly candle is $1963 as it is a very strong resistance, based on the traded volume. In case of rejections of that price, most likely will see $1770 as a next support level.
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