Gold: Having closed higher and seen following through during early trading today, Gold faces further sees bullish momentum. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards the 1,250.00 level. Below here if seen could trigger further downside pressure targeting the 1,240.00 level. Conversely, resistance resides at the 1,290.00 level where a break will aim at the 1,300.00 level. A turn above there will expose the 1310.00 level. Further out, resistance stands at the 1,320.00 level. All in all, Gold faces further sees bullish momentum
Top Entertainment
- U.S. Cereal Company, Post Holdings Inc., Buying Weetabix Ltd. For $1.8 Billion
- USD/JPY Making A Bullish N Pattern Through Chuvashov Fork
- Bank Of Japan’s ETF Holdings Surge 80% To Cartoonish 16,000,000,000,000 Yen
- Clean Break – Trading Glossary
- Market Cap To GDP: The Buffett Valuation Indicator Hovers In Levitation Mode
Search
New Posts
Cocoa Commodity Elliott Wave Technical Analysis – Monday, May 6
European Stocks Edge Higher Amid ECB Rate Cut Prospects And Mixed US Jobs Data
Was April’s Correction Noise Or Signal For Global Markets?
Wisetech Global Limited – WTC Stock Analysis & Elliott Wave Technical Forecast – Monday, May 6
Weekly Market Pulse: What Did He Say?
Leave A Comment