Under Pressure
Our Pivot: 1739.70
Our Preference: Short sell Gold below 1734.50 with strict stop loss of 1739.70 and profit target at 1725 with extension towards 1721.
Alternate Scenario: Upward penetration of 1739.70 will call for 1745 and 1751.
NOTE: XAUUSD is trying to penetrate below supportive trend line of its bullish 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 |
---|
Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
Copper | 4.1106 | 4.1148 | 4.1679 | 4.1065 |
USOil | 69.647 | 69.681 | 69.962 | 68.847 |
UKOil | 73.641 | 73.701 | 73.991 | 72.885 |
NGAS | 3.3694 | 3.3814 | 3.3855 | 3.1884 |
WHEATF | 574.82 | 575.92 | 577.8 | 570.57 |
XAUUSD | 2667.01 | 2667.36 | 2671.93 | 2648.73 |
XAGUSD | 31.018 | 31.049 | 31.327 | 30.809 |