|Stochastic Oversold 9 hours ago
||GOLD Stochastic (14) main line entered hourly oversold zone. Traders should NOT consider any short term short trades.
|MACD Bullish Turning Point 21 hours ago
||GOLD MACD signal line has crossed above the indicator`s histogram while both of them, MACD and histogram, been less than Zero. This is a probable bullish short term turning point.
|Down Trend 22 hours ago
||GOLD is facing a selling pressure pushing it down as long as it remains below (1257.48) any four hours close below (1243.69) will open the way for the instrument to test the next support level. Any four hours bare close above (1257.48) will change instrument`s direction. Traders should consider selling each rally with a stop loss at (1257.48).