FxWirePro
Long

Gold: Intraday trade idea

FX:XAUUSD   Gold/U.S. Dollar
237 0 5
Major intraday support -$1359

The yellow metal has declined till $1359
yesterday and slightly recovered from that level. It is currently trading around $1367.19.

The intraday trend is slightly bullish as long as support $1359 holds.

Any break below $1359 will drag the commodity till $1351 (61.8% retracement of $1338 and $1375).

On the higher side, resistance is around $1375 and any break above targets $1385/$1400.

Indicators

ADX- trending up

CCI (50)- Buy

It is good to buy on dips around $1365-67 with SL around $1359 for the TP of $1374/$1385
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