Jairo Da Silva Almeida

Midday update for Gold 02-09-2016

FX_IDC:XAUUSD   Gold / U.S. Dollar
30 0 3
Gold             price hovers around 1310.65 level since morning, as the price is affected by stochastic negativity and the negative pressure provided by the EMA50, while we still believe that the chances are valid to trade positively in the upcoming sessions depending on the price failure to break 1310.65 level in the recent trades.

Thus, we will keep our bullish overview on the intraday and short term basis unless breaking 1297.75 level and holding below it, reminding you that our main targets begin at 1356.30 and extend to reach 1400             .00.

Expected trading range for today is between 1290             .00 support and 1356.30 resistance.

Expected trend for today: Bullish
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out