NTGOLD - NEWS

GOLD (Spot) intraday: the downside prevails.

2012-02-07 19:57:52

GOLD (Spot) intraday: the downside prevails.

Pivot: 1738.00

Most Likely Scenario: SHORT positions below 1738 with 1713 & 1703 in sight.

Alternative scenario: The upside penetration of 1738 will call for a rebound towards 1744 & 1752.

Comment: as long as 1738 is resistance, look for choppy price action with a bearish bias.

Related news

Gold Pressured By Bearish Outside Markets (2016-11-01 03:50:56)
Trend Down Under at 1360.00 and 1347.00 1332.00 targets 1370.00 as long as they do not violate (2016-07-12 17:27:51)
Direction: neutral (2016-07-01 16:54:07)
Direction: neutral (2016-06-30 15:17:32)
Direction: Bullish above 1303.00, targeting 1365.00 and 1400.00 as long as the price trading above 1290.00 (2016-06-30 05:32:18)
Direction: Bullish above 1317.00, targeting 1365.00 and 1400.00 as long as the price trading above 1290.00 (2016-06-28 05:40:46)
Direction: Bullish above 1303.00, targeting 1365.00 and 1400.00 as long as the price trading above 1280.00 (2016-06-24 20:25:31)
Direction: Bearish below 1263.00, targeting 1250.00 and 1239.00 as long as the price trading below 1282.00 (2016-06-23 19:20:37)
Direction: Bearish below 1262.00, targeting 1252.00 and 1240.00 as long as the price trading below 1280.00 (2016-06-22 14:56:10)
Direction: neutral (2016-06-20 20:28:46)

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
8,581.70	7,783.70
1oz ABC Bullion Cast Bar
7,166.50	6,390.50
100g ABC Bullion Bar
22,807.80	20,420.80
1kg ABC Bullion Silver
3,895.20	3,098.20