Gold Daily Outlook

FX:XAUUSD   Gold Spot / U.S. Dollar
284 1 2
Gold             has recovered slightly after making a low of $1175. Intraday trend is weak as long as resistance $1195 holds.

On the downside minor support is around $1172 and any break below will drag the commodity further down till $1160/$1151.

The intraday trend reversal above $1195 (200 day HMA ) and above that it will reach $1205/$1210.

Short term bearish invalidation only above $1225.

Indicator (1 hour chart)

CCI (50) - Sell

Woodies CCI (14) – Buy

Ichimoku- Sell

It is good to sell on rallies around $1185 for the target of $1162/$1151 with stop around $1196.
Thanks a lot
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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