Wednesday, March 18, 2015

SUPPORT TRENDLINE IN XAUUSD (GOLD) 18/03/15


• 1142.7: yesterday's trend low, which is now very close to the bottom of the daily channel we have been watching recently (which can be seen on the attached chart).
• 1140.5: Nov 5th daily close.
• 1137.7: Nov 4th daily low.
• 1130.0: Nov 6th 4-year low.
• 1123.1: a weekly low from Apr 2010.
• 1113.8: a weekly low from Dec 2009.
• 1109.1: a weekly low from Dec 2009.

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