country flagالعربية
0

Gold Technical analysis 19 September 2018

2018-09-18 11:19 pm | Resource: Technical Analysis | No Views : 168

Time frame Used - four hours
Gold is moving in a sideway direction in the near term
GOLD CHART
Gold still faces resistance around levels of  1207-1215
  In view of the technical indicators
Both the RSI and Stochastic are indicating to weakness of  indicators
  Accordingly, we expect gold to test 1190-1882
The alternative scenario is that the gold breach  the 1215 level to test the 1225 level
Resistance: 1207 - 1215 - 1125
Support: 1190 - 1182 – 1172
  Direction: sideway
Technical Analysis
Commodities Analysis
Bitcoin News


Other news

Gold and Dollar stabilized ahead of release of US business results

Gold prices have stabilized as the performance of the dollar stabilized as investors look to US corporate results and will see retail sales in June in the US today. Most US stocks are flat before the profit market After hitting an all-time high the previous day, stocks in the US were flat mostly in the pre-market market on Tuesday as investors awaited a set of corporate profits. Major banks including…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.