FxWirePro
Short

Gold: Sell on rallies

FX:XAUUSD   Gold / U.S. Dollar
554 1 22
Major resistance - $1368

Major support - $1330

The yellow metal ahs once again retreated till $1333 after making a high of $1358 and it is currently trading at $1338.

The minor resistance is at $1343 (daily Tenken-Sen) and any break above targets $1348/$1358 in the short term.

On the lower side, support stands at $1330 and break below will drag the commodity down till $1315 (55 day EMA )/$1295.

It is good to sell on rallies around $1345-1348 for the TP of $1358 for the TP of $1331/$1316.     
Thx for your study but the "TP 1358" should be, "SL 1358", I guess. Have a nice & profitable trading week.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out