CommoditiesTrader

2013 Low In Sight for Support, Otherwise $1,108 Downside Target

COMEX:GC1!   Gold Futures
143 0 5
Gold             is targeting the 2013 low of $1,179.40, where demand should be found and corresponds with a longer-term ascending trend. However, if prices continue to deteriorate, price action will search out S2, or $1,108.

If support is generated -considering the oversold condition on short-term time frames- gold             could see upside traction to $1,311.

Key economic data looks to see inflection points and likely to remain mix to the downside. The Fed will not raise rates, and gold             remains bullish long-term.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out