FxWirePro
Short

Gold breaks minor trend line support around $1180, targets $1159

FX:XAUUSD   Gold/U.S. Dollar
492 0 6
Gold             has made a high of $1190 and started to decline from that level. It is currently trading at $1176.

It has broken minor trend line support $1180 (trend line joining $1151 and $1163) and break below targets $1163/$1159.

Short term bullish invalidation only below $1158.

On the higher side major resistance is around $1190 and break above targets $1200.

It is good to sell on rallies around $1177-80 with SL around $1190 for the TP of $1163/$1159
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