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Direction: Bullish

2016-06-13 16:43:56

Gold, June 13

Posted By: ICN.COMon: June 13, 2016In: Technical Analysis

Gold hovers around 1281.00 areas, which could define the next big move and a stable move above this level will ease the path towards 1300.00.

On the downside, trading below 1260.00 is negative signal, but we will avoid trading due to RSI approaching the overbought levels.

Hence, it should stabilize above this levels to prove the bullishness.

Support: :1270.00 –1260.00 –1251.00

Resistance: 1289.00 –1294.00 –1300.00

Direction: Bullish

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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
5,229.50	4,829.50
1oz ABC Bullion Cast Bar
4,347.20	3,967.20
100g ABC Bullion Bar
13,931.50	12,831.50
1kg ABC Bullion Silver
1,684.00	1,334.00

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

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