FxWirePro
Long

Gold Daily Outlook

FX:XAUUSD   Gold / U.S. Dollar
323 0 2
Gold             has broken short term resistance $1263 ( 61.8% retracement of $1345 and $1130) and is trading around $1286 level. Overall trend is bullish and trend reversal can happen only below $1250(200 day MA)
On the downside break below $1250 will take the pair to $1237/$1224.
The pair’s minor resistance around $1293 and any indicative break above will target $1317 ( 61.8% retracement of $1433 and $1130)/1340.

Indicator ( Daily Chart )
CCI (50) – Buy
CCI (14) – Buy
Ichimoku- Buy

Recommendation: Buy Gold             around $1275, SL 1250, Target $1317/1340.
United States
United Kingdom
India
Deutschland
España
France
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