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Gold Technical Analysis

Published 07/19/2011, 09:00 AM
Updated 03/09/2019, 08:30 AM
Support:

- 1592.50 and 1585.30(main). Break of the latter will give 1569.37, where a correction is possible. Then 1541.10, where a correction is also possible. Be there a strong impulse, we would see 1527.70. Continuation wil give 1518.75.

Resistance:
- 1609.80(main), where a correction may happen. Break would bring 1624.60, where a correction may also happen. Then follows 1640.38. Be there a strong impulse, we’d see 1665.00. Continuation would bring 1686.32.

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