Forex Yard - Gold Trading Strategy Day 24/12
The level of technical support Resistance : 1245 -1227 - 1215 Current Price : 1196.9 Support levels: 1180 - 1167 - 1155 Pivot : 1215 The main strategy : Sell below 1215 target for the 1180-1167 |
Comment : The RSI is bearish and falling longer than expected .
Identify trends ScotiaMocatta gold 24/12
Gold dropped to 1202.50 U.S. session open , then increased to the highest level during the day at 1204.50 as U.S. economic data showed personal consumption rose sharply . Finally , the metal turned down when global stock markets climb to a record high , making gold market closed at its lowest level in 1198 version .
Thus, gold has stopped at 1198 . Support is at its lowest level in 1180 with the highest resistance of Thursday 5 weeks ago around 1227 . RSI is at 37.48 with support xuong19.74 reduced compared to the previous low , because gold could fall further before approaching the oversold territory .
1 comment :
Hello Everybody,
I've included a list of the highest ranking forex brokers:
1. Most Recommended Forex Broker
2. eToro - $50 min. deposit.
Here is a list of money making forex tools:
1. ForexTrendy - Recommended Odds Software.
2. EA Builder - Custom Strategies Autotrading.
3. Fast FX Profit - Secret Forex Strategy.
Hopefully these lists are helpful to you...
Post a Comment