Gold Morning Technical Report 7/10/2015

ecPulse
2015-10-07 11:32AM UTC

We should be patient, as gold trades near the minor resistance inside the triangle pattern between 1150.00 and 1152.00 ; noting that, technical indicators remain positive.

However, we will be on the sidelines until the metal affirms breaching the resistance and will update n proper time.

 

A break below 1130.00 will negate the bullishness and will bring the bearishness back into focus.

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