gold price news online

Gold Daily Technical Outlook

No change in gold’s outlook. Pullback from 1249.7 has possibly completed at 1166 already. Intraday bias remains mildly on the upside for 1249.7 resistance first. Break will confirm up trend resumption for 1300 psychological level next. On the downside, below 1197.3 mnor support will flip intraday bias back to the downside. Below 1166 support will in turn indicate that whole rise from 1044.5 is completed and will turn outlook bearish for 1124.3 support instead.

Gold Daily Technical Outlook

Tags: , , , , ,

Posted in Commodities