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mercoledì 1 marzo 2017

Gold Price Key Reversal at 200 Day Average; Watch 1236


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Gold Price Key Reversal at 200 Day Average; Watch 1236

Chart Prepared by Jamie Saettele, CMT


DailyFX Trading Guides and Forecasts





-Gold continues to trade around 1350 (Brexit low) and I’d continue to pay attention to the 61.8% of the drop from the 2016 high and 2 equal legs up from December cluster at 1277/79. However, a key reversal formed on Monday and high is right at the 200 day average. Trendline support is near 1236.



Gold Price Key Reversal at 200 Day Average; Watch 1236
Gold Price Key Reversal at 200 Day Average; Watch 1236
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