Live Rates Powered By:
AUDUSD
NZDUSD
EURUSD
GBPUSD
USDJPY
USDCAD

GOLD 21/04/2014
2014-04-21 15:49:50

Gold pushes strongly lower with the start of the week, retesting the 50 percent retracement level for the overall bullish wave form 1182.00 to 1392.00 at 1287.00. A break with stability below the latter should confirm more downside probably towards the 61.8 retracement level t 1262.00 level. The bearish momentum is strong and thus we maintain our bearish view for gold.

 
 
Support 1285.00 1280.00 1277.00 1270.00 1262.00
Resistance 1300.00 1305.00 1309.35 1315.00 1323.20
Recommendation Based on the above, sell the metal below 1300.00 targeting 1293.00 and 1285.00 then 1278.00 with stop-loss below 1310.00.


 





TIME
Sydney Tokyo Ha Noi HongKong LonDon NewYork
Prices By NTGOLD
We Sell We Buy
37.5g ABC Luong Bar
5,342.404,922.40
1oz ABC Bullion Cast Bar
4,439.204,039.20
100g ABC Bullion Bar
14,189.4012,939.40
1kg ABC Bullion Silver
1,699.001,349.00
Slideshow
 
© 2011 Copyright By Ngoc Thanh NTGold. All Rights Reserved.
Powered by: Ngoc Thanh NTGold
 
  • Online: 35
  • Today: 885
  • Total: 4733435