Under Pressure
Our Pivot: 1774
Our Preference: Short sell Gold below 1769.50 with strict stop loss of 1774 and profit target at 1763 with extension towards 1757.
Alternate Scenario: Upward penetration of 1774 will call for 1780 and 1784.
NOTE: Gold is 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 | 4.1311 | 4.1353 | 4.1679 | 4.129 |
USOil | 69.623 | 69.657 | 69.733 | 68.847 |
UKOil | 73.634 | 73.694 | 73.761 | 72.885 |
NGAS | 3.3461 | 3.3581 | 3.3726 | 3.1884 |
WHEATF | 576.59 | 577.69 | 577.69 | 570.57 |
XAUUSD | 2666.29 | 2666.64 | 2671.93 | 2648.73 |
XAGUSD | 31.041 | 31.074 | 31.327 | 30.809 |