Spot Gold : Technical Analysis

The daily trent remains bearich. Price has broken the long-term trend line support from 1180 and 1240. I haye added Bollinger Bands and we can see move down has gone from the middle band back down to the fower band.

Support: 1255-1248-1240-1210

Resistance:1274-1278-1285-1302

By Theodoros Bastoulis, Technical Analyst