Forex-tips.ca brings you everything about forex!|Tuesday, November 20, 2018
You are here: Home » Gold Analysis » Gold Worth Little Modified after Soar from Improve

Gold Worth Little Modified after Soar from Improve 

eliottWaves_gold_body_gold

Day by day

Gold Price Little Changed after Bounce from Support

Chart Ready with the aid of Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-There is no change to recent comments on the gold price other than noting that downtrend support is just under 1040 and that current COT figures are consistent with a market low. “Since the 2011 top, gold has sold off every year into the end of the year (probably a result of selling for tax reasons). After the last several weeks, there’s no reason to suspect that 2015 will be any different. Focus is on the lower channel line (near the 2008 and 2009 highs). For more on gold, click here.”

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

Powered by WPeMatico

Add a Comment

*

Current day month ye@r *

Email
Print