Forex Stock Exchange Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Forex Stock Exchange Forum

Forum About Trading on Forex,Stock,Binary Options, CryptoCurrency and NFTs


Thor Expert Advisor

You are not connected. Please login or register

Forex Stock Exchange Forum  » Forex and Stock Trading English Forum » Technical and Fundamental Analysis-Trading Signals » GOLD Targets Further Weakness Towards Psycho Support at 1,300.00 Zone

GOLD Targets Further Weakness Towards Psycho Support at 1,300.00 Zone

Go down  Message [Page 1 of 1]

FXTechstrategy



GOLD: The commodity closed lower the past week to open the door for more weakness. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the door for a move lower towards the 1,290.00 level. Below here if seen could trigger further downside pressure targeting the 1,280.00 level. Conversely, resistance resides at the 1,330.00 level where a break will aim at the 1,340.00 level. A turn above there will expose the 1,350.00 level. Further out, resistance stands at the 1,360.00 level. All in all, GOLD looks to weaken further.

Back to top  Message [Page 1 of 1]

Forex Stock Exchange Forum  » Forex and Stock Trading English Forum » Technical and Fundamental Analysis-Trading Signals » GOLD Targets Further Weakness Towards Psycho Support at 1,300.00 Zone

Permissions in this forum:
You cannot reply to topics in this forum