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gold advise

alexforex007
Jan 04 2019 at 00:48
774 posts
The bullish correction on gold continues and its price manages to break above the 61.8% Fibonacci retracement that we can see on the weekly chart, around the 1288 level. The price of gold has been retracing from the 1160 low but now the 1300 level could act as resistance. In case of continuing higher, the 76.4% Fibo at the 1318 level could act as resistance. The long term resistance is located at the 1365 peaks. On the other hand, if the price comes back down, then the 200 week EMA along with the 50% Fibo at the 1262 level could act as support.




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alexforex007
Jan 14 2019 at 22:42
774 posts
Gold has formed what it appears to be a bullish flag around the 61.8% Fibo on the daily chart at the 1288 level. The 1300 level may act as resistance, while the 1262 zone may act as support.

Mohammadi
Feb 27 2019 at 10:14
852 posts
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frankmartin1 (frankmartin1)
Feb 28 2019 at 06:52
46 posts
Gold, Silver Prices Pull Back On More Profit Taking - kitco update

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