FxWirePro
Short

Gold Daily Outlook

FX:XAUUSD   Gold / U.S. Dollar
305 0 2
Gold             has recovered till $121.066 after making a low of $1192.48. Short term trend is bullish as long as resistance $1212 ( 61.8% retracement of $1224.20 and $1192.48) holds.

On the upside short term resistance is around $1205 (20 day HMA ) and nay break above would extend gains till $1212/$1225.

The commodity major support is around $1190 and break below will target $1178.

Indicators (1 Hour chart)

CCI (50) - Sell

CCI (14) – Sell

Ichimoku - Sell

Recommendation: Sell Gold             around $1202, SL $1212, Target $1180.



United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
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