FxWirePro
Short

Gold: Intraday Trade idea

FX:XAUUSD   Gold Spot / U.S. Dollar
284 1 9
Major intraday resistance -$1347 (90 H EMA )

The yellow metal has made a high of $1347 and declined from that level. It is currently trading around $1337.

The intraday bias is weak and is trading slightly below Tenkan-Sen ($1342.70) and Kijun-Sen ($1337). So a slight dip till $1327/$1318 is possible.

On the higher side, any violation above $1347 will take the yellow metal till $1353 (200 HMA )/$1357.

Indicators (hourly chart)

CCI (50) – Sell

ADX (14) - Neutral

It is good to sell on rallies around $1338-$1340 with SL around $1347 for the TP of $1328/$1320

TP reached. Now what?
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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