Technical analysis outlook - metals : $GOLD - $XAUUSD
Sun 10.Feb.2019
Ticker: XAUUSD
LAST= 1,314.50
Gold Spot /Oz movement during the last few days showed a Sideways movement, with a recent high price seen on Thu 31.Jan.2019 at 1,326.33.
During the next few days the price is expected to continue to be in Consolidation between 1,320.00 - 1,305.00, but more biased to go above the upper band to 1,340.00
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1,295.00
Res_2 = 1,335.00
Res_1 = 1,320.00
Sup_1 = 1,305.00
Sup_2 = 1,295.00
Ticker: XAUUSD
LAST= 1,314.50
Gold Spot /Oz movement during the last few days showed a Sideways movement, with a recent high price seen on Thu 31.Jan.2019 at 1,326.33.
During the next few days the price is expected to continue to be in Consolidation between 1,320.00 - 1,305.00, but more biased to go above the upper band to 1,340.00
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1,295.00
Res_2 = 1,335.00
Res_1 = 1,320.00
Sup_1 = 1,305.00
Sup_2 = 1,295.00
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.