TipTVFinance

Gold – Rising trend line breached on hourly

FX_IDC:XAUUSD   Gold / U.S. Dollar
Resistance - $1283.43, $1295, $1303

Support - $1273, $1269, $1263

  • Gold’s breach of rising trend line on the hourly chart could signal a short-term loss of bullish momentum and leave the doors open for a fall back to daily 5-MA level of $1273 ahead of tomorrow’s Fed rate decision.
  • On the other hand, a break above Asian session high of $1283.43 could see prices make an attempt at $1290-1295.
  • Moreover, a rebound from daily 5-MA of $1273 followed by a break above $1283 would be a more potent signal of further upside. In this case, prices could test $1300-1303 levels.
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