Gold has touched 1078.00 where it inclined, keeping the bullish prospects valid. In general, we are waiting for a breakout above 1090.00 to see more inclines as far as 1065.00 holds.

The positivity appears on ADX and RSI isn’t affirmed, but trading above SMA20 after bouncing from 1065.00 and 1050.00 is very positive catalyst.

Current targets for the recovery resides at 1100.00 and 1101.00 as a main target, while breaking 1090.00 may affirm. Most importantly is to witness stability above 1077.00.

Support: : 1077.00 – 1062.00 – 1050.00

Resistance:: 1090.00 – 1101.00 – 1121.00

Direction: Bullish

• 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)