Cookie Policy

Chartsview Blog

The Latest Blogs from Chartsview

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Archives
    Archives Contains a list of blog posts that were created previously.
  • Login

Gold daily 14/07/13

by in ChartsView Blog:
  • Font size: Larger Smaller
  • Hits: 3344
  • 0 Comments
  • Subscribe to this entry
  • Print
3344
Picture
I'm looking to short gold at $1320 as there are 2 levels of resistance there and a 3rd at $1337.9 so my stop will be above that one.

There's the initial price low from the big drop and the short term downtrend resistance, plus the 61.8% Fib of the last drop at at around the $133o mark so that makes 4 resistances in a pretty short price range. The target will be the strong support around the $1170 level previously discussed.
0
Trackback URL for this blog entry.

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Thursday, 28 March 2024