GOLD:
The market hit stiff resistance at the falling trend line from August 23, 2011. Here it put in a Doji and moved lower taking out 1658.55. We can now test 1627.46. Alternatively, the yellow metal has resistance at 1658.55 and above that we see the level at 1668.89.
DISCLOSURE and DISCLAIMER: THE ABOVE IS FOR INFORMATIONAL PURPOSES ONLY AND NOT TO BE CONSTRUED AS SPECIFIC TRADING ADVICE. RESPONSIBILITY FOR TRADE DECISIONS IS SOLELY WITH THE READER.
Ava Capital Markets Ltd (“AVAFX”) is regulated by the Central Bank of Ireland.