• 1,009 days Will The ECB Continue To Hike Rates?
  • 1,009 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,011 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,411 days Could Crypto Overtake Traditional Investment?
  • 1,415 days Americans Still Quitting Jobs At Record Pace
  • 1,417 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,420 days Is The Dollar Too Strong?
  • 1,421 days Big Tech Disappoints Investors on Earnings Calls
  • 1,422 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,423 days China Is Quietly Trying To Distance Itself From Russia
  • 1,424 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,428 days Crypto Investors Won Big In 2021
  • 1,428 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,429 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,431 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,431 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,435 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,435 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,435 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,438 days Are NFTs About To Take Over Gaming?
How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

Gold - Bullish Bounce

Gold has broken the resistance at 1244 confirming an underlying bullish momentum. Support is given at 1244 (30/03/2016 high) then 1208 (28/03/2016). Resistance is given at 1260 (22/03/2016 high). A break of support at 1182 (08/02/2016 low) is necessary to confirm a reversal in bullish trend.

In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1392 (17/03/2014) is necessary ton confirm it, A major support can be found at 1045 (05/02/2010 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment