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TheSilverPrice.info
Technical Precious Metals , Daily Reports - ecPulse.com
Commentary of the XAU/USD (Gold) pair:
The pair XAU/USD made yesterday a pullback on the resistance at 1650 points.
The pair is still moving into a short term bearish channel (purple lines) and is now moving below the lower band of its long term bullish channel.
All indicators are bearish.
We continues to advise short positions as far as 1650 points is resistance.
Technical Precious Metals , Daily Reports - ecPulse.com
Commentary of the XAU/USD (Gold) pair:
The pair XAU/USD made yesterday a pullback on the resistance at 1650 points.
The pair is still moving into a short term bearish channel (purple lines) and is now moving below the lower band of its long term bullish channel.
All indicators are bearish.
We continues to advise short positions as far as 1650 points is resistance.
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