FxWirePro
Long

Gold Daily Outlook

FX:XAUUSD   Gold Spot / U.S. Dollar
358 views
5
358 1
Gold made a high of $1304.85 and is slightly retreated from that level. Intraday trend is bullish as long support $1280 holds.

On the downside break below $1280 will take the pair to $1262//$1250.

The pair’s minor resistance around $1305 and any indicative break above will target $1317 ( 61.8% retracement of $1433 and $1130)/1340.

Indicator (4 hour Chart)
CCI (50) – Buy
CCI (14) – Sell
Ichimoku- Buy

Recommendation: Buy Gold around $1280, SL 1262, Target $1317/1340.

oh yeah..
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out