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Direction: Bearish correction

2016-03-16 07:26:44

Gold has declined below SMA20 at 1236.00-1235.00, which is a negative signal and would bring a re-test of 1219.00 at 50% level.

The negative signals on RSI and ADX are strong enough to assist gold to hit 1219.00 and 1200.00 respectively.

A break above 1247.00 will negate.

Support: 1219.00 – 1210.00 – 1200.00

Resistance: 1236.00 – 1240.00 – 1247.00

Direction: Bearish correction

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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
5,333.50	4,913.50
1oz ABC Bullion Cast Bar
4,426.80	4,026.80
100g ABC Bullion Bar
14,205.60	12,905.60
1kg ABC Bullion Silver
1,728.40	1,378.40

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The process of producing gold 1) Metallurgy. 2) Metal working and check. 3) Producing.

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