Posted on November 19, 2014 at 5:44am
Strong Bullish sentiments are founded above the price level 1190. The yellow metal firmed against the US dollar since three consecutive weeks. As I mentioned earlier that 1170-1192 is a critical price zone for this metal, 3 times this metal has changed its trend from this level.
Technically this metal is in a bullish trend for day trading.
1) SMA100 and 200 are indicating bullish trend in h1graph.
2) In h4 graph gold has crossed SMA100 but unable to cross the SMA200 yesterday and… Continue