TipTVFinance

Gold – double top on hourly

FX:XAUUSD   Gold Spot / U.S. Dollar
  • Gold’s retreat from the high of $1375 despite bullish break from the falling channel amid overbought daily RSI indicates prices could have formed a double top formation and are heading towards $1335 levels (Friday’s low and neckline support).
  • On the higher side, only a day end closing above $1380 (38.2% of 2011 high – 2015 low) would suggest continuation of the rising trend from Dec lows and could yield rise to $1400-1430 levels.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
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 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