GOLD 02/04/2014
2014-04-02 16:17:41
The price fluctuated during yesterday's session but failed to push the metal to stabilize above 50% correction at 1287.30 showing on graph. Stability below the referred to level is negative and favors testing 61.8% correction. Linear Regression Indicators are still negative and MACD is trading below line zero supporting the possibility of extending negativity today. Breaching 1300.00 which is a psychological barrier might weaken the bearish expectations. |
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Support | 1380.00 | 1277.90 | 1272.00 | 1266.55 | 1262.00 |
Resistance | 1285.20 | 1287.30 | 1293.00 | 1296.25 | 1300.00 |
Recommendation |
Based on the above, sell gold below 1285.00 targeting 1277.90, 1266.55 then 1262.50 then stop-loss above 1300.00.
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TIME | |||||
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Sydney | Tokyo | Ha Noi | HongKong | LonDon | NewYork |
Prices By NTGOLD | ||
---|---|---|
We Sell | We Buy | |
37.5g ABC Luong Bar | ||
5,342.40 | 4,922.40 | |
1oz ABC Bullion Cast Bar | ||
4,439.20 | 4,039.20 | |
100g ABC Bullion Bar | ||
14,189.40 | 12,939.40 | |
1kg ABC Bullion Silver | ||
1,699.00 | 1,349.00 |
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