In the above Gold Chart Cmp 912.25 $ you can see the Gold has made "Double Top Formation" on Weekly chart. This indicates strong resistance of 931.45$ which was indicated in my last view. Further advisable to wait till the trend is confirmed. Short positions can be created with a stoploss above 931.45$. To view earlier post click here
Gold Making Double Top Formation
In the above Gold Chart Cmp 912.25 $ you can see the Gold has made "Double Top Formation" on Weekly chart. This indicates strong resistance of 931.45$ which was indicated in my last view. Further advisable to wait till the trend is confirmed. Short positions can be created with a stoploss above 931.45$. To view earlier post click here