A look at the 4H Gold chart shows that gold rallied at the end of November from 1142.83 up to 1238.25. Then it began to retreat until last week when it found support at 1170.62. (click to enlarge) Channel Resistance: Since finding support, gold price rallied to end the week but stalled just under 1200. Note that price also respected a falling channel resistance. Also, after tagging 30, the RSI has remained below 60 […]
