FxWirePro
Long

Gold Daily Outlook

FX:XAUUSD   Gold Spot / U.S. Dollar
300 0 2
Gold             has retreated once again after making a high of $1225.Overall trend is till bullish as long as support $1180 holds.

Bullish invalidation only below $1180.

On the downside any intraday weakness can happens only below $1200.Below $1200 it can reach till $1190/$1180.

The short term resistance is around $1225 and any break above will extend gains till $1244 ( 61.8% retracement of 1307 and 1142).

Indicators (4 Hour chart)

CCI (50) - Buy

CCI (14) - Sell

Ichimoku-Neutral

Recommendation: Buy Gold             around $1195, SL $1180, Target $1225.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out