Fuubar14

Gold - Big Picture

FX:XAUUSD   Gold/U.S. Dollar
Looking at the monthly chart we see a strong support at 1180 USD forming the lower side of the descending triangle with the downwards trend line on top.
If the support at 1040 USD falls, lower targets get activated. 1042 could be a short stop an its way down to levels around 800 USD or even more likely 700 USD.
If price breaks through the upper trend line, higher targets would be activated and some resistance levels must be passed to reach the stronger resistance at 1528 USD.
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