FxWirePro
Long

Gold: Buy above $1262.25

FX_IDC:XAUUSD   GOLD / US DOLLAR
275 0 7
Major resistance - $1265 ( Oct             10th 2016 high).

Major support - $1249 ( Oct             12th 2016 low)

Gold             is trading in the narrow range between $1265 and $1249 for the three trading session. It is currently trading around $1255.

On the higher side, major resistance is around $1262.20 (34 – 4H EMA) and any break above targets $1270 (55- 4H EMA)/$1277.

The support is at $1249 and any violation below will drag the gold             till $1241/$1226 (161.8% retracement of $1241 and 1264.93).

It is good to buy above $1262.25 with SL around $1255 for the TP of $1270/$1277.
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