Gold, June 14

Posted By: ICN.COMon: June 14, 2016In: Technical Analysis

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Gold trades around 1280.00-1281.00 following yesterday’s bullishness.

Positivity on moving averages 20 and 50 persists along with ADX.

RSI shows sign of weakness and we remain bullish on Gold with a stable move above 1270.00. Trading above 1280.00 and 1281.00 will assist traders to take gold towards 1300.00.

Support: :1275.00 – 1270.00 – 1261.00

Resistance: 1290.00 – 1294.00 – 1300.00

Direction: Bullish

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TIME
Sydney	Tokyo	Ha Noi	HongKong	LonDon	NewYork

Gold Price at ABCBULLION Foreign exchange rates at CommonWealth Bank Foreign exchange rates at ANZ Bank

Prices By NTGOLD
We Sell	We Buy
37.5g ABC Luong Bar
4,748.80	4,398.80
1oz ABC Bullion Cast Bar
3,944.10	3,594.10
100g ABC Bullion Bar
12,556.30	11,501.30
1kg ABC Bullion Silver
1,566.70	1,216.70