TipTVFinance

Gold – stuck at 23.6% Fibo, losses seen below daily low

FX:XAUUSD   Gold/U.S. Dollar
Resistance - $1320.67, $1327.68, $1335.33

Support - $1310.10, $1303, $1297.52

  • Gold’s repeated failure to take out expanding channel on the day end closing basis followed by a daily closing below $1320.67 (23.6% of May low-June high) if followed by a rejection at $1320.67 and a break below $1310.10 (daily low) would open doors for a drop to $1297.52 (38.2% of May low-June high).

  • On the higher side, expanding channel hurdle of $1327 needs to be taken out if the prices are to test $1335.33 (June 27 high).
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out