FTE1995

GOLD - Retested descending trend-line?

TVC:GOLD   CFD untuk Emas (US$ / Auns)
- Going into the close last week, gold looks to have possibly made a re-test of a descending trend-line after breaking through
- Indicated next resistance level @ 1260 we could encounter before another pull-back
- Equally, as we have the FOMC rate hike this week, we could see a deeper pullback and further bearish moves so I have indicated a support
level I beleive we could bounce from in this scenario

THIS IS NOT TRADE ADVICE NOR A TRADE CALL
Penafian

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