Monday, February 11, 2013

COMEX GOLD

COMEX GOLD DAILY CHART
COMEX GOLD WEEKLY CHART

 
Daily chart indicates fresh short may continue due to kind of traingle pattern with down trend in Moving Avg. for the tgt. of 1600. But weekly chart is showing strong trading range pattern with triple tops and bottoms . I think downtrend pattern could continue for the short term period and cup & handle pattern indicates bullish .

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