• Gold reversed from resistance level 1790.00
• Likely to fall to support level 1760.00
Gold continues to fall after the price reversed down from the resistance level 1790.00 (former support from the start of February).
The resistance zone near the resistance level 1790.00 was further strengthened by the 100-day moving average upper daily Bollinger Band and the 61.8% Fibonacci corrector of the downward impulse from February.
Gold is likely to fall further toward the next support level 1760.00 (former resistance from the start of January).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies
