TipTVFinance

Gold - Flag formation on hourly

FX:XAUUSD   Gold/U.S. Dollar
Resistance - $1246, $1253, $1263

Support - $1242-1240, $1234, $1230

  • Gold's failure to take out daily 50-MA in Asia if followed by a bearish break from flag formation on the hourly chart would open doors for a drop to $1234 levels.
  • On the higher side, an hourly closing above $1246 would mark bullish break from flg formation and signal continuation of the upmove.
  • In such a case, resistance at $1253 could be put to tests and which if breached shall open doors for $1260-1263 levels.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out