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.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out