To date, gold has reversed the downward trend in the medium term. After the break-down of the key levels of 1546, 1590, gold has updated its lows for several months.
GOLD/USD, 30 min
Pivot: 1507.00
To date, gold has reversed the downward trend in the medium term. After the break-down of the key levels of 1546, 1590, gold has updated its lows for several months.
Pivot: 1507.00
In case of a breakdown of the level 1507.00, please follow these recommendations:
In case of breakdown of the level 1507.00 and the consolidation of the price above this level, follow the recommendations below:
Gold may go into a short consolidation zone.
Resistance | Support |
1577.00 | 1507.00 |
1563.00 | 1486.00 |
1546.00 | 1465.00 |
Pivot: 1525.00
As long as the price is below 1610.00, please follow these recommendations:
In case of breakdown of the level 1610.00 follow the recommendations below:
RSI indicates a downward movement.
Resistance | Support |
1700.00 | 1445.00 |
1660.00 | 1400.00 |
1610.00 | 1365.00 |
We are one of the fastest growing Forex Brokers in the Market. Trade with PaxForex to get the full Forex Trading experience which is based on...
To receive new articles instantly Subscribe to updates.