Spot gold price now $1,814 and may break a support at $1,812 per ounce, and fall to $1,801, as suggested by a rising channel and ratio analysis.
The uptrend is deemed intact within a bigger rising channel. It is riding on a wave C, which may travel far above $1,877.
------------------------------------------------
XauUsd Gold Daily Level (27/01)
R3 1864.14
R2 1849.79
R1 1841.40
Pivot 1827.82
S1 1814.24
S2 1805.85
S3 1792.27
---------------------------------------------------------
Trading Plan
Buy 1802
SL 1790
TP1 1814
TP2 1826
TP3 1832
TP4 1841
TP5 1849
- Price Now: 1814
- US Durable Goods Orders and US Gross Domestic Product in next 7 hours
*Your decision to use our signals entirely at your own risk.
*Cuan Asia
The uptrend is deemed intact within a bigger rising channel. It is riding on a wave C, which may travel far above $1,877.
------------------------------------------------
XauUsd Gold Daily Level (27/01)
R3 1864.14
R2 1849.79
R1 1841.40
Pivot 1827.82
S1 1814.24
S2 1805.85
S3 1792.27
---------------------------------------------------------
Trading Plan
Buy 1802
SL 1790
TP1 1814
TP2 1826
TP3 1832
TP4 1841
TP5 1849
- Price Now: 1814
- US Durable Goods Orders and US Gross Domestic Product in next 7 hours
*Your decision to use our signals entirely at your own risk.
*Cuan Asia
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.