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TradingSutra

GOLD- feeling pressure

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
TradingSutra Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns Beyond Technical Analysis
11
1
trendanalysis chartpattern beyondta
As per the current candlestick pattern & price action, Gold is facing resistance from the upper zone. As long as it trade below the level of 1550 it has the potential to drop upto the level of at least 1250$ . Sell on any rise is suggested near 1550-1600 zone for a downside targets of 1450/1250
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Manish Bhardwaj (CMT L-1)
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