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Direction:Bearish

2016-05-26 16:29:58

Gold, May 26

Posted By: ICN.COMon: May 26, 2016In: Technical Analysis

This report was updated for registered users on : 2016-05-26 07:47:43

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Gold inclined, touching the previously breached support at 1230.00 after finding support near 50% Fibonacci at 1219.00.

The general bearishness persists due to trading below moving averages and ADX negativity.

We need a break below 1219.00 to confirm the bearishness; otherwise it is risk to take new positions.

Support: : 1219.00 – 1210.00 – 1200.00

Resistance: 1230.00 – 1235.00 – 1347.00

Direction:Bearish

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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)
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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
5,353.00	4,933.00
1oz ABC Bullion Cast Bar
4,448.00	4,048.00
100g ABC Bullion Bar
14,217.50	12,967.50
1kg ABC Bullion Silver
1,695.50	1,345.50

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

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