FW: $GOLD 1183 making a Harami and can rally to 1207 the 10 day m/a- Remains in a downward trend NB 

Prime Charts

$Gold is the most oversold on my global List

A Harami usually means a change in direction it is prudent to wait to see if
the next move is up or down

MUMBAI: The Reserve Bank of India (RBI) on Monday notified a total ban on
banks from advancing any loans to its customers for purchasing gold in any
form, which includes primary gold, gold bullion, gold jewellery, gold coins,
units of gold Exchange Traded Funds (ETF) and units of gold mutual funds.
However, the banking regulator said that banks are allowed to give loans for
"genuine working capital requirements to jewelers". (Times of India)





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