Gold faces strong support 21- W EMA, good to sell on rallies

FX:XAUUSD   黃金 / 美元
369 0 17
Major support - $1216-$1218 (21- W EMA &100- day EMA )

Major resistance - $1245 (200- W MA)

The yellow metal has taken support near 100 – day EMA and jumped slightly from that level. Gold             has fallen almost $16 on Friday on account of strong U.S dollar. It is currently trading around $1230.

U.S dollar index             surged sharply till 101.02 on Friday. The index is facing strong resistance at 101.02 high made on Jan 30th 2017 high. Any minor bullishness can be seen above that level.

Gold             major resistance is around $1248 (150- day MA) and any break above confirms major trend reversal, a jump till $1278 ( 61.8% retracement of $1375 and $1122) is likely.

On the lower side, immediate support is around $1218 (100- day EMA ) and any indicative break below targets $1211 (21- day EMA )/ $1204 (55- day EMA ).

It is good to sell on rallies around $1230-$1232 with SL around $1245 for the TP of $1200/$1183.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
首頁 股票篩選器 外匯信號搜索器 加密貨幣信號搜索器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 聯絡客服 發表的想法 粉絲 正在追蹤 私人訊息 在線聊天 登出