Sun 13.Jan.2019
Ticker: XAUUSD
LAST= 1,287.41
Gold Spot $/Oz movement during the last few days showed a Bullish move, with a recent high price seen on Fri 04.Jan.2019 at 1,298.62.
During the next few days the price is expected to see a downward correction to 1,275.00
But as of now, as long as the price is trading above 1,275.00, its recommended to ' BE LONG ' for a targeted price of around 1,315.0 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1,255.00
Res_2 = 1,300.00
Res_1 = 1,290.00
Sup_1 = 1,280.00
Sup_2 = 1,270.00
Ticker: XAUUSD
LAST= 1,287.41
Gold Spot $/Oz movement during the last few days showed a Bullish move, with a recent high price seen on Fri 04.Jan.2019 at 1,298.62.
During the next few days the price is expected to see a downward correction to 1,275.00
But as of now, as long as the price is trading above 1,275.00, its recommended to ' BE LONG ' for a targeted price of around 1,315.0 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1,255.00
Res_2 = 1,300.00
Res_1 = 1,290.00
Sup_1 = 1,280.00
Sup_2 = 1,270.00
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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.