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Oct
21
TECHNICAL ANALYSIS BY NSFX 21.10.2015
By:
High: Low:
As we can see on the H1 chart, since early May, gold fell from the level of $1225.00 to the lows of the year $1085.00 an ounce in July. Gold was up 0.85% at $1,180.77 an ounce. After a breakout from a triangle pattern, a pullback to the apex (about $1130 in this case) is always likely.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |