FX:XAUUSD   Gold Spot / U.S. Dollar
5
Gold fell sharply in the U.S. interest rate hike, currently taking all of the gains from January 2016 to present, is expected in the 1118-1108 region will be gold strong support, at present, can be considered in 1108-1118, stop at 1085 below, the first goal in 1141, only to break 1141 gold to end this round of decline. Second target at 1170, third target at 1200 mark. Under the influence of continued strong dollar is expected until early 2017 gold will remain between 1085-1200 shocks. Gold only after 1080 breakthrough in order to have a greater decline.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.