Stock Market Institute (SMI)- Precious Metals Outlook

Posted By : Kishore B.S

SMI Precious Metals outlook: GOLD:   Gold Technical Chart Gold has been range bound for the last 4 trading sessions between 27700 – 28150 and the technical charts indicate that the range bound movement is likely to continue further too with some more gains to 28400 -28600 levels on the higher side. On the lower side if the support level of 27700 is broken further weakness

SMI Precious Metals Outlook (www.stockmarketinstitute.org)

Posted By : Kishore B.S

Precious Metals Outlook: Gold TA Chart GOLD: After the rally last week in gold to the first target and resistance level of 28900 it has been consolidating between 28500-28980 range from the last 4-5 sessions. The technical charts indicate formation of Flag pattern the breakout of which would be above 28980 with good volumes. The breakout of the FLAG pattern would result in the upmove for