Downside Prevails
Our Pivot: 1726
Our Preference: Short sell Gold below 1718.50 with strict stop loss of 1726 and profit target at 1700 with extension towards 1692.
Alternate Scenario: Upward penetration of 1726 will call for 1745 and 1754.
NOTE: Gold is being capped by resistant trend line of its descending wedge.
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 | 4.5793 | 4.5835 | 4.5955 | 4.5346 |
USOil | 63.947 | 63.981 | 64.568 | 63.869 |
UKOil | 67.404 | 67.464 | 68.301 | 67.274 |
NGAS | 3.007 | 3.019 | 3.0215 | 2.9155 |
WHEATF | 533.09 | 534.19 | 535.06 | 526.57 |
XAUUSD | 3443.3 | 3443.6 | 3450.39 | 3404.17 |
XAGUSD | 39.722 | 39.761 | 39.986 | 38.713 |