Tuesday, 5 April 2011
0
Gold Technical Analysis for April 5, 2011
The gold markets continue to be locked in a consolidation area between the $1,410 area, and the $1,450 area. Because of this, it has some appeal to the scalper, which can of course simply buy and sell it in this range. Towards the top – sell it, towards the bottom – buy it. Of course, since the market is in a long-term uptrend, buying is the preferred method of entry. Until one of those levels are broken, direction is sideways.
This post was written by: HaMienHoang (admin)
Click on PayPal buttons below to donate money to HaMienHoang:
Follow HaMienHoang on Twitter
Subscribe to:
Post Comments (Atom)
0 Responses to “Gold Technical Analysis for April 5, 2011”
Post a Comment