Gold stands at 603 for Long.
0 Comments for:
Gold Stands at 603.
Chances Emerge for Traders to Quickly dip it to MA200 - 593 and Move it back upwards.
Looking at Past, We saw the same thing happen when Gold took a dip towards 545 previous MA200.
If 603, Hold very tight, We could see Fresh Buying from European and NY traders, which shall reverse and Push the Price upwards, Which happened same thing last month.
If we dont see 603 mantaining the Holding power, we could see Quick dip at 593 and Push upwards, Hitting the MA200, and then reversing heavily.
For the moment, those traders who have Hold the Positions, shall keep a tight holding Power,
0 Comments:
Post a Comment
<< Home