Gold Morning Technical Report 27/11/2015
ecPulse
2015-11-24 11:51AM UTC
Gold has stabilized above 1065.00, which stopped the bearishness over short-term basis and medium-term basis as well. The negative signs remain on ADX and moving averages.
However, we can’t depend on these signs, as a break below 1065.00 is required since RSI couldn’t prove resuming the recovery.
Stability above 1081.00 is needed to resume the upside recovery, while neutrality will be in favor between 1065.00 and 1081.00.
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