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Tag Archives: Gold daily chart

Gold Price action Consolidating below the multi month resistance zone

MCX Gold Price action – Brief Consolidation near Resistance zone

By Trading Predator March 8th, 2018 No Comments

After testing the multi month resistance zone at 1370 – 1360, (I have pointed many times in previous articles that support and resistance are zones, not levels) Gold Price action is consolidating briefly near that resistance zone since the beginning of Feb 2018. Though Prices are tumbling down, both bulls and bears are in a