TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD

OUT LOOK

Gold is trapped in a narrow range, as gold fell today by 0.23% to levels of $1963 an ounce, amid dealers’ anticipation of the interest path in America.

Currently , consolidation above 1953 is important for gold to be continue at the bullish attempts and positive attack to consolidation above 1963 and then it will support the price to reach the suggested targets 1972 , and consolidation above 1972 then will reach 1988 and 1999


as for renewing bearish attempts , consolidation under 1953 it will forcing the price to be under sell pressure to reach 1933 and under that 1925 , 1913

the expect trading range for today is between the support line 1953 and resistance line 1972 until breach one of them


support line : 1963 , 1953, 1934
resistance line : , 1972 , 1988 , 1999

Today news will affect the market

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