Gold still edging higher but what will happen when it meets/touches the up -sloping RL this afternoon which can be seen in dark red rising from the bottom LHS. If you look back at price action at these lines there is always more volatility and often price drops straight through ( see previous Gold postings from this week)Friday 30 July 2010
Gold continued +EurGbp- price failure at CL due to RL resistance
Gold still edging higher but what will happen when it meets/touches the up -sloping RL this afternoon which can be seen in dark red rising from the bottom LHS. If you look back at price action at these lines there is always more volatility and often price drops straight through ( see previous Gold postings from this week)
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