Gold faces short term support at $1130,good to sell on rallies

FX:XAUUSD   Gold Spot / U.S. Dollar
426 0 7
Gold             has breaks short term support $1145 and declined till $1133 from that level. It is currently trading at $1136. Overall trend is still weak as long as resistance $1150 holds.

On the downside minor support is around $1130 and break below targets $1115/$1100.

Overall trend reversal can happen only above $1170 level.

The pair’s minor resistance is around $1141 and break above targets $1150.

It is good to sell on rallies around $1140-42 with SL around $1151 for the TP of $1130/$1115

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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