TipTVFinance

Gold – re-test of Monday’s low likely

TVC:GOLD   GOLD (US$/OZ)
Despite gold’s recovery from the low of $1320 on dovish Brainard, the subsequent failure to hold gains above 10-DMA in Asian session today suggests the prices are likely to re-test yesterday’s low of $1320.

Bearish daily RSI remains in favor of further slide in the metal.

A day end close below $1320 would suggest continuation of the retreat from recent high of $1352 and could yield a test if $1300.

On the higher side, only a break above 50-DMA level of $1336 would signal bearish invalidation.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
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