Breaking News

Gold Bearish Wave Getting Tired

News Date: 22/9/2014 02:58:27

Where Gold fall might stop? A question all traders have in mind. Gold is giving strength to the US Dollar pushing the price to 1212 till now and 1180 support is not that far from where we are. December 2013  Gold dive slowly testing 1180 and a correction followed. Before June 2013 Gold tested 1180 to correct after.

1180 is a strong support, in case Gold bounce between 1200 and 1180, it might be the start of a new correction, as history repeating itself on Gold chart.

Provided by Fxhighway

Latest news

Crude oil futures declined. According to the New York Stock Exchange, crude oil futures were traded in November at a price of 86.12 dollars a barrel, ie, it decreased by 0.46%. And in light of OPEC
10-2022 05 04:16:02

The US dollar fell to its lowest level in two weeks at the beginning of trading on Tuesday, due to the high risk sentiment, while the sterling pound maintained its recent gains after the British gove
10-2022 04 07:12:28

Japanese stocks opened today’s trading on a positive note, dragging its indices to the upside, especially chips and energy stocks. So, the Nikkei index rose by 1.07% to reach 26,215.79 points,
10-2022 03 03:36:24

Wall Street closed yesterday evening sharply lower, because of some economic concerns related to inflation, which could reflect negatively on the US economy, not also this, but also the investor's c
09-2022 30 03:07:57

The futures contracts for oil witnessed an increase, as it rose by 0.16%. According to the New York Mercantile Exchange, the futures contracts for crude oil were traded in November at 82.02 dollars p
09-2022 29 02:42:06

More News