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 |
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Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
Copper | 5.0528 | 5.057 | 5.0881 | 4.9134 |
USOil | 65.107 | 65.141 | 65.578 | 64.643 |
UKOil | 67.784 | 67.844 | 68.344 | 67.349 |
NGAS | 3.5301 | 3.5421 | 3.6009 | 3.516 |
WHEATF | 540.82 | 541.92 | 548.43 | 540.57 |
XAUUSD | 3335.26 | 3335.56 | 3350.5 | 3329.19 |
XAGUSD | 36.566 | 36.6 | 36.854 | 36.218 |