Under Pressure
Our Pivot: 1773
Our Preference: Short sell Gold below 1769 with strict stop loss of 1773 and profit target at 1762 with extension towards 1757.
Alternate Scenario: Upward penetration of 1773 will call for 1777 and 1781.
NOTE: Gold have given bearish breakout of its triangle and now its moving in a descending price channel.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
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Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
Copper | 4.1117 | 4.1159 | 4.1679 | 4.1065 |
USOil | 69.629 | 69.663 | 69.962 | 68.847 |
UKOil | 73.634 | 73.694 | 73.991 | 72.885 |
NGAS | 3.37 | 3.382 | 3.3855 | 3.1884 |
WHEATF | 574.94 | 576.04 | 577.8 | 570.57 |
XAUUSD | 2667.23 | 2667.57 | 2671.93 | 2648.73 |
XAGUSD | 31.022 | 31.053 | 31.327 | 30.809 |