collected by :kiven Dixter
February Comex Gold futures are trading slightly best shortly before the regular session opening. However, look for a possible spike to the upside if the federal minutes are perceived as dovish. Daily Technical ForecastBased on the current value at $1318.40 & the earlier value action, the direction of the gold market this day going to likely be set with merchant reaction to the Fibonacci standard at $1317.10. This angle Information Systems a possibility trigger point for an acceleration to the upside with another angle at $1345.80 the following upside target. This angle has been guiding the gold market higher for 14 sessions.
February Comex Gold futures are trading slightly best shortly before the regular session opening. However, look for a possible spike to the upside if the federal minutes are perceived as dovish. Daily Technical ForecastBased on the current value at $1318.40 & the earlier value action, the direction of the gold market this day going to likely be set with merchant reaction to the Fibonacci standard at $1317.10. This angle Information Systems a possibility trigger point for an acceleration to the upside with another angle at $1345.80 the following upside target. This angle has been guiding the gold market higher for 14 sessions.
Gold value prediction January 3, 2018, Technical Analysis
Gold markets have gapped at the unlock on Tuesday, & then bullet towards the $1315 level. I believe which short-term pullbacks are will be nice buying opportunities, & which the $1300 standard underneath will be huge support. The America $ has been on its back foot for some time now, & this looks likely to still to be the case. With that, it makes sense which the gold markets will still to find buyers. I fully anticipate on seeing the gold markets reach towards the $1325 standard in the following couple of sessions.
Comments
Post a Comment