Young and newbie traders view supports and resistances as price points on the charts where prices are likely to reverse on their way down or on their way up. This kind of understanding eventually leads to shock and horror when prices do not respect these lines or price points. This indicates a poor understanding of […]

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Till a few weeks back, gold seemed to be on a free fall. Buyers were panicking and sellers were enjoying their time in the sun. And for good reason. Gold had taken a tumble losing 20% of its value in 7 months time and with the US ending its QE, there did not seem any […]

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