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 | 4.8663 | 4.8705 | 4.8844 | 4.8077 |
USOil | 62.923 | 62.957 | 63.018 | 62.092 |
UKOil | 66.696 | 66.756 | 66.846 | 65.919 |
NGAS | 2.9811 | 2.9931 | 3.0176 | 2.9579 |
WHEATF | 543.07 | 544.17 | 545.68 | 539.09 |
XAUUSD | 3326.87 | 3327.17 | 3367.52 | 3288.59 |
XAGUSD | 33.351 | 33.39 | 33.702 | 33.236 |