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Direction: Potential bearish attempt
2016-03-10 15:11:49

Gold continued to correct bearishly after failing to hit 1280.00 and trading  below 1260.00 keeps the bearishness available.

GOLD@Daily-16

ADX shows strength on the bearish correction, while RSI is negative. Thus, we see chances to extend the negativity to test 1236.00-1235.00 and a break below this level will bring a test of 1225.00 and 1219.00.

Support: 1240.00 – 1235.00 – 1225.00

Resistance: 1247.00 – 1255.00 – 1260.00

Direction: Potential bearish attempt

 




TIME
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Prices By NTGOLD
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37.5g ABC Luong Bar
5,239.804,839.80
1oz ABC Bullion Cast Bar
4,355.803,975.80
100g ABC Bullion Bar
13,959.2012,859.20
1kg ABC Bullion Silver
1,685.601,335.60
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