1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Gold: Key Support Area Placed At 1,265/63

Discussion in 'Technical Analysis' started by Kaitlin, May 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,858
    Likes Received:
    0
    Despite large-scaled rally of gold futures on Wednesday, the bullion is being pushed back to the downside in the early morning of Thursday. Technically, a decline below the 1,263.87 marked is unlikely, as this level is backed from above by the 20-day SMA, monthly pivot point and weekly S1. Still,[​IMG]

    Continue reading...
     

Share This Page