Gold Trend 1.00 A.M. GMT

 Sep 06

1.00 A.M. GMT

Elliott: resistance in a triangle 1699.28
It should trade higher to above 1697.04 while 1690.23 - 1688.23 offer support.

 Stop Loss below 1683.42 zone.

Technical points

 

Key point    1,693.2400
Entry point    1,693.9600
Elliott    1,699.2800
Closing    1,693.0500
Projection    1,679.0100
Trendline    1,696.2100
Trendline    1,693.1500

 

Supports / Resistances

 

Res 2    1,701.0300
Ex-High    1,696.2100
Res 1    1,697.0400
Pivot    1,692.2200
Sup 1    1,688.2300
Ex-Low    1,687.4000
Sup 2    1,683.4200

YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.

Do your own due diligence.   

No one knows tomorrow's price or circumstance.  

I intend to portray my thoughts and ideas on the subject which may s be used as  a tool for the reader.  

 I do not accept responsibility for being incorrect in my speculations on market trend. 

King Regards

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