TipTVFinance

Gold – Bullish case strengthens ahead of Fed

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Resistance – $1253, 1263, $1275

Support – $1238, $1227, $1221

Gold’s repeated rebound from $1227 (23.6% of Dec low-Mar high) followed by a move back above 50-DMA yesterday has left the doors open for a rise to $1253-1263 levels.

On the lower side, $1227 remains a strong support, which needs to be breached if bears have to have say in determining prices.

Daily close above $1274 today would be bullish break from flag pattern .
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out