Monday, March 19, 2012

GOLD | Update | 19.03.12


Gold declined seems limited by the 50% Fibonacci and it will going back up if the price losing its bearish momentum as the scenario on my previous post earlier today for gold weekly outlook. But if the price breaks the 50% Fibonacci at around 1651 and remains below that level then it will test the last Friday Low at around 1639.

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