traders-club.co.uk

Gold 03 September 2012

COMEX:GCZ2012   GOLD FUTURES
154 0 0
Gold             daily time frame price action confirmed newly found support at 200 day SMA . Friday trading witnessed an explosive break through the falling resistance trend line . If the current bullish sentiment prevails the next resistance on the upside is located at 1720-1725 level followed by 1792-1800. Alternatively the first support on the downside is located at 1646 which is also 200 Day SMA . This support level needs to stay intact for a bullish scenario to continue. The current Red Flags are the Indicators like MACD and Stoch which are at over- bought levels, but they can stay extended for a long time.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out