Free technical analysis on Hong Kong stock market, world stock markets, foreign exchange market, commodities market, as well as some important notes for being a successful trader.
Thursday, June 7, 2012
Rest after big surge (2012-06-07 Gold analysis)
Above is the daily chart of Gold (XAU=). After a very strong surge, it seems like the price has met its resistant and could not break out. It might take some rest, going flat or slightly downwards, before another crazy rise.
No comments:
Post a Comment