Gold have broken up trend

Gold have broken 1600 USD and that means that it is going to cool down. Target 1400 USD must be possible.

1 comment:

Tejinder Singh said...

Gold having broken the long term bullish pattern means that the current panic in global mkt's may be coming to an end. Because, whenever global financial markets stablise after a major panic, gold falls & equities rise.
However, Europe does not show any such signs. Lets see.