GOLD Technical Analysis

GOLD Buy 1276 area Uesd small SL Take profit Area 1300 breakout 1305 then another buy 1327
Other side of GOLD not breakout 1305 then Sell this level .

Transaction en cours:

Now Trade is Active Sl used 1260 area and another buy 1262 area

Transaction en cours:

GOLD short Target 1285 This week and next target 1292/96 Area.

Commentaire:

GOLD buy order closed 1280.

Commentaire:

GOLD appears on track to test support at $1,262 (trendline connecting August and November lows).

Previous Monthly High 1327.8
Previous Monthly Low 1280.1
Daily Fibonacci 38.2% 1279.12
Daily Fibonacci 61.8% 1282.88
Daily Pivot Point S1 1271.23
Daily Pivot Point S2 1264.19
Daily Pivot Point S3 1255.33
Daily Pivot Point R1 1287.13
Daily Pivot Point R2 1295.99
Daily Pivot Point R3 1303.03

#GOLD buy Area 1262 Area Used Stop loss 1255.

Transaction en cours:

On Friday, gold broke the resistance of the 55-hour simple moving average at 1,275.50. Due to that reason a surge up to the 1,280.00 level.

At the 1,280.00 level the commodity price is set to meet with the 100-hour SMA, which was heading down during the early hours of Friday's trading.

Trade fermée: cible de profit atteinte:

GOLD buy order active 1276 and Take profit 1280, earning 40 pips