TipTVFinance

Gold – 100-DMA support stands exposed

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Resistance

$1324 (5-DMA)

$1330 (10-DMA)

$1334 ( 50-DMA             )

Support

$1313 (yesterday’s low)

$1305 ( 100-DMA             )

$1300 (zero figure)

Despite rebound from $1313 yesterday, the subsequent rejection at 5-DMA yesterday followed by a failure to hold above 5-DMA seen today suggests the larger down trend from the high of $1352 levels remains intact and the daily 100-MA level of $1305 could be put to test.

On the upside, a rise above $1334 ( 50-DMA             ) risks sending the prices higher to $1352 levels, but reckon the hurlde would hold on caution ahead of next week’s FOMC rate decision.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out