FxWirePro
Short

Gold-Sell below $1260

FX:XAUUSD   Gold/U.S. Dollar
323 0 10
Major support - $1264 (21 day EMA)

The yellow metal has declined drastically after fear of Britain leaving the EU eases. It is currently trading around $1265.

Gold             should close below $1264 (21 day EMA) for further weakness. If the pair closes below this level today , a decline till $1250/$1234 (90 day EMA)/$1225 is possible .

On the higher side resistance is around $1280 (7 day EMA) and any break above targets $1292/$1300/$1315 (200 W MA).

Overall trend reversal only below $1200.

It is good to sell below $1260 with SL around $1280 for the TP of $1235/$1224.
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 Account and Billing Sign Out