Currently, price is still to decide a direction, so I would wait before entering into a position.
First support is $1,065, first resistance is $1,082.
Chart: XAUUSD D1
Wednesday, November 25, 2015
Gold Unchanged
The precious metal is trading at the same range between $1,080 and $1,068. Not much has happened thus far this week as traders and investors are holding to the price which is at the support level just a little below $1,080 - $1,076.
Currently, price is still to decide a direction, so I would wait before entering into a position.
First support is $1,065, first resistance is $1,082.
Chart: XAUUSD D1
Currently, price is still to decide a direction, so I would wait before entering into a position.
First support is $1,065, first resistance is $1,082.
Chart: XAUUSD D1
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Good tip, I too would wait for showing any clear direction.
ReplyDeleteVery interesting! Thanks!
ReplyDeleteGold is waiting for the Fed meeting.
ReplyDeleteRange continues for now.
ReplyDeleteQuite possibly will occur a lower low!
ReplyDeleteThanks for the analysis!
ReplyDelete