Select Page

Get More Power Over Your Trading With Less Hassle

FXTechstrategy delivers powerful buy/sell trade ideas with stop losses, price targets and super-easy analysis to help you improve your results

GOLD: Targets Further Recovery On Price Rejection

GOLD: The commodity turned back higher after rejecting lower level prices on Monday. On the downside, support comes in at the 1,150.00 level where a break will turn attention to  the 1,140.00 level. Further down, a cut through  here will open the door for a move lower towards  the 1,130.00 level. Below here if seen could  trigger further downside pressure targeting the  1,120.00 level. Conversely, resistance resides at the 1,170.00 level where a break will aim at the  1,180.00 level. A turn above there will expose the  1,190.00 level. Further out, resistance stands at  the 1,200.00 level. All in all, GOLD looks to weaken further on trend resumption.

GOLD: Targets Further Recovery On Price Rejection

GET MORE POWER OVER YOUR TRADING WITH LESS HASSLE

The Award-Winning Analysis Solution for Forex & Commoditidy Traders

Your trading, made easier

R
Get 15+ super-easy trade ideas with powerful daily analysis and easy-to-understand strategy eBook
R
Stay on top of every move with price action to help you make easier, faster, and more accurate trading decisions.
R
Whether your strategy is for day trading or swing trading FXTechstrategy analysis fits in seamlessly with no hassles.

See Plans and Get Started