Friday, February 03, 2012

gold trading in a tight range in 4H charts in GCI


GOLD ( 02.02.2012) traded in tight range again with no major changes on charts. Negativity still appearing on indicators but there is no sell signal still. I will be waiting for a sell signal to make short position, till than we will stay aside. while a break above area 28750-28800(April) & open doors for new high.