Gold Daily Analysis 4th Feb 2016

4 February 2016, 16:11
Lahcene Ouled Moussa
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Gold long term target 1145 has been hit on Wednesday after the dollar weaker then expected economic data of ISM manufacturing and ADP.Technically 1145-47 was the longer term resistance of descending channel that was forming since 2015 and this level is also the resistance of Ascending channel forming since couple of weeks.Today we will discuss the trade opportunity through different time frame analysis and invalidation points.I am also adding weekly chart today to see the big 

 

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