Pashabxl

GOLD: Technical correction upside

FX:XAUUSD   Gold Spot / U.S. Dollar
224 0 3
MArkets are waiting for the statements of Both FED's Chief Yellen and ECB President Draghi.
There has been a move on the upside, but the market is still in a correction phase. Therefore when CAC40, DAX             , DJI, SP500             will face the second correction phase GOLD             will also face a correction but this time on the upside. This is a technical correction because the precious metal is oversold. But yet there is no reversal of the trend.
You can see on the time based Fib retracement that the goal is to reach at least 1180 before entering long on the market.
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