Tanalys

Gold Price Turns off 1219 but Watch for Support Near 1191

Daily

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-“There are 2 levels to be aware of for possible resistance in gold; 1219 (38.2%) and near 1250 (50% and former support…including Brexit day low).” 1219 has held as resistance but it’s too early to say that gold is headed lower. For more on gold, watch this video.

Exit mobile version