Gold Intraday 10-03-14 Gold dropped by 0.73% to close at $1,340 an ounce. Technically, according to the 4-hour chart, gold is trading in a positive momentum. Holding above the support level of 1,331 should lead gold to around 1,345 again. However, breaking below the support level may cause the pair to drop towards the next support level at 1,321. The MACD indicator is above ‘0’ level, which also supports the bullish trend.
Posted on: Mon, 10 Mar 2014 07:58:05 +0000
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