Bulls need a push through this level to move back towards $1420.
Volume is also so-so reflecting the indecision and uncertainty that still exists in traders' minds.
Wednesday, March 16, 2011
4 Hour Gold Chart
Gold is finding buying support in today's session after its bounce off of strong support near $1380. It has run back to former support now turned resistance near $1405 which is serving to hold it in check for now.
Bulls need a push through this level to move back towards $1420.
Volume is also so-so reflecting the indecision and uncertainty that still exists in traders' minds.
Bulls need a push through this level to move back towards $1420.
Volume is also so-so reflecting the indecision and uncertainty that still exists in traders' minds.
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