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 | 4.5808 | 4.585 | 4.5955 | 4.5346 |
USOil | 63.947 | 63.981 | 64.568 | 63.869 |
UKOil | 67.404 | 67.464 | 68.301 | 67.274 |
NGAS | 3.0064 | 3.0184 | 3.0215 | 2.9155 |
WHEATF | 533.09 | 534.19 | 535.06 | 526.57 |
XAUUSD | 3443.43 | 3443.73 | 3450.39 | 3404.17 |
XAGUSD | 39.722 | 39.761 | 39.986 | 38.713 |