Below is the technical chart of Gold, on weekly time frame, using Doda-Donchian and ichimoku indicator.


In last few days, we’ve seen many whip-saws in Gold price movement. That’s why I’ve chosen weekly timeframe to analyze technical chart of Gold.

On weekly chart, Gold is trading near its first support level viz. 1656.33. Also, you must note here is that Gold is trading INSIDE kumo, which is no trade zone. On the downside, it must break the levels of 1614.14 to see short selling in Gold. But this is a very STRONG support support of Gold as per its no. of weekly trade zone. 

Rate this post

Subscribe Updates, Its FREE!

Email ID:


admin March 7, 2012

Those who found this page were searching for:

gold technical analysis,steel bullion,signal gold,gold technical charts 2012,reliance industries technical analysis 26th march 2012,real time gold chart with donchain,march 7 gold chart,march 2012 gold chart,gold prices technical analysis,technical chart gold 2012