Under Pressure
Our Pivot: 1832
Our Preference: Short sell Gold below 1826 with strict stop loss of 1832 and profit target at 1815 with extension towards 1808.
Alternate Scenario: Upward penetration of 1832 will call for 1836 and 1841.
NOTE: Gold is moving in a bearish price channel after bearish breakout of its ascending trend line.
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 | 4.116 | 4.1202 | 4.1679 | 4.1065 |
USOil | 69.692 | 69.726 | 69.962 | 68.847 |
UKOil | 73.704 | 73.764 | 73.991 | 72.885 |
NGAS | 3.3691 | 3.3811 | 3.3855 | 3.1884 |
WHEATF | 575.07 | 576.17 | 577.8 | 570.57 |
XAUUSD | 2667.62 | 2667.97 | 2671.93 | 2648.73 |
XAGUSD | 31.035 | 31.069 | 31.327 | 30.809 |