TipTVFinance

Gold – Close below $1311 would be bearish

FX_IDC:XAUUSD   GOLD / US DOLLAR
The falling top formation as shown by the three monthly candles and a retreat from the monthly high of $1352 if followed by a close today below monthly 50-MA level of $1311 would open doors for drop below $1300 levels next week.

Below $1300, a major support is seen around $1284-1260 levels.

On the higher side, only a daily close above $1350 would signal continuation of the rally from December lows.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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 Billing Sign Out