Thursday, April 23, 2015

Gold Trends (23 Apr 2015) - Updates of Mib Agenti

Finally, we have a slightly extended range on the lower end.

However, are we going anywhere with it?

That, I am not too sure at all but I remain hopeful - at least the technicals are veering lower so higher probability for that happening.

However, the Momentum/Volatility indicators in both the daily and weekly are but a faint bleep. If it was any quieter, it would have probably flat lined.

So maybe what is missing, is a dash of some good news.

Interim supports are at 1184.50, 1181 & 1155 with minor supports at 1178.60, 1168.70 & 1161.50.

Interim resistances at 1195, 1199 & 1210 with minors at 1207.50, 1218.50 & 1221.70.

The daily/weekly trend changer points are at 1218.80/1224.10.

https://play.google.com/store/apps/details?id=com.gold.trading.chat


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