Under Pressure
Our Pivot: 1739.70
Our Preference: Short sell Gold below 1734 with strict stop loss of 1739.70 and profit target at 1724 with extension towards 1717.
Alternate Scenario: Upward penetration of 1739.70 will call for 1745 and 1751.
NOTE: Gold 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 | 4.6366 | 4.6408 | 4.7391 | 4.6261 |
USOil | 63.343 | 63.377 | 63.693 | 62.738 |
UKOil | 66.24 | 66.3 | 66.626 | 65.694 |
NGAS | 3.5026 | 3.5146 | 3.63 | 3.4749 |
WHEATF | 522.08 | 523.18 | 525.31 | 510.33 |
XAUUSD | 3175.93 | 3176.23 | 3257.28 | 3174.92 |
XAGUSD | 32.134 | 32.17 | 32.997 | 32.108 |