Live Rates Powered By:

AUDUSD

NZDUSD

EURUSD

GBPUSD

USDJPY

USDCAD

Direction: Bullish attempt

2016-05-16 17:02:58

Gold, May 16

Posted By: ICN.COMon: May 16, 2016In: Technical Analysis

						Gold tries to incline, reinforced by moving above the main support of the bullish direction and above 61.8% Fibonacci at 1.1259.

Trading above this level is positive and would extend the bullishness, while a break above 1281.00 will accelerate.

Support: 1265.00 – 1259.00 – 1250.00

Resistance: 1281.00 – 1295.00 – 1300.00

Direction: Bullish attempt

Tags:

Gold

Related news

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)

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
6,656.00	6,071.00
1oz ABC Bullion Cast Bar
5,542.30	4,992.30
100g ABC Bullion Bar
17,599.10	15,999.10
1kg ABC Bullion Silver
1,881.70	1,506.70

» Bearish turn on Wall Street and Main Street after multi-session gold selloff saps metal’s momentum (2025-04-26 05:50:48)

» Gold prices drop 6% from all-time highs, but the rally is far from over (2025-04-26 05:45:38)

» Investors should be more nervous about equity markets than gold above $3,000 - Sprott’s Ryan McIntyre (2025-04-25 06:32:26)

» Gold hits $3,500 as dollar trust erodes, Fed pressure mounts, Axel Merk warns of ‘mania of our policymakers’ (2025-04-23 07:03:02)

» Wall Street experts and Main Street investors grow more cautious with gold above $3,300/oz but still bullish on balance (2025-04-19 07:07:19)

» Gold is overbought, but remains well supported as US dollar weakens (2025-04-18 06:06:52)

» China’s gold market was strong in March as prices and investment increased while imports and jewelry demand fell – World Gold Council (2025-04-16 06:17:50)

» Wall Street bulls run to gold as the last safe haven standing, Main Street strengthens its bullish bias (2025-04-12 20:52:15)

» Gold surges to record high as investors seek safe haven ahead of tariff announcements (2025-04-02 12:08:35)

» Wall Street goes full bull with tariffs and payrolls looming, Main Street stays tentative as gold prices push $3,100 (2025-03-29 16:01:57)

» Gold surges toward $3,100 amid unrelenting rally (2025-03-29 03:59:55)

» Gold's surge to $3,000 spurs Bank of America to raise price target (2025-03-27 06:52:25)

» Gold prices spike to session highs after U.S. new home sales rebound in February (2025-03-26 03:22:29)

» Wall Street and Main Street rein in their expectations as markets digest $3,000 gold with key inflation data on deck (2025-03-22 06:11:53)

» Gold slightly up after hitting record high overnight (2025-03-21 05:51:10)

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

Slideshow

© 2011 Copyright By Ngoc Thanh NTGold. All Rights Reserved.
Powered by: Ngoc Thanh NTGold

Online: 48
Today: 137
Total: 5653506