TipTVFinance

Gold – watch for a rebound from 23.6% Fibo support

FX:XAUUSD   Gold Spot / U.S. Dollar
Resistance - $1258, $1263, $1273

Support - $1253-1249, $1243, $1230

Gold’s corrective rally from yesterday’s NY session low of $1243.81 levels could gain further traction if prices rebound from $1253 (23.6% of Sep 2011 high-Dec 2015 low) and break above $1258 (Asian session high), in which case resistance at $1263-1273 stands exposed.

On the lower side, failure to sustain above $1253 would expose yesterday’s low of $1243.81. A break below the same would signal continuation of retreat and expose support at $1230 levels.

English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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