Daily chart of December Gold. We closed at 10 day ema support and as long as we trade above it, the current momentum is alive (469). It's also the 23.6% retrace of the recent rally. Below that, we have support at 20 dma and 38.2% (462). The overall uptrend remains intact above 450, so I would use any pullback to the 450 area as a buying opportunity.
This entry was posted
on Monday, October 03, 2005 at 8:40 PM.
