Gold Rejecting The Resistance

Gold Rejecting The Resistance

Gold found (for now) resistance at the resistance we marked last week.

Last week’s candlestick shows a bearish scenario with a strong wick-rejection.

A lot will depend on indices this week. The DAX is slightly down, while the Dow Jones is trading with a 300 points loss pre-market open.

 

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Comment ( 1 )

  • Vijay mulani

    Sir I want to know about gold,I use ur trading journal daily for my trades thanks for this wonderful discipline

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