Gold :100- WMA and $1200

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
318 0 8
Major resistance $1233 (3-W EMA )

Major support - $1200

The yellow metal breaks below 100- WMA and declined till $1202 in the previous week. It is currently trading around $1212

Gold             showed a slight recovery till $ yesterday and declined sharply from that level. It is currently trading around $1206.75.

On the higher side, resistance stands at $1233 (3- W EMA ) and any break above targets $1253/$1268 (200 W- MA).

The major support is around $1200 and any break below will drag the yellow metal down till $1180 (161.8% retracement of 1241.50 and $1337)/$1172 ( 61.8% retracement of $1046.50 and $1375).

It is good to buy on dips around $1205-$1207 with SL around $1198 for the TP of $1232/$
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
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