News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bullish
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Bullish
USD/JPY
Bearish
More View more
Real Time News
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/9:30 AM GMT as he goes over London #FX & #CFD charts for the next week. Register here: https://t.co/CoMkMA0pdF https://t.co/TBv201f9hp
  • Did you know a Doji candlestick signals market indecision and the potential for a change in direction. What are the top five types of Doji candlesticks? Find out: https://t.co/td5WA4hCZC https://t.co/RENalKFdNu
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.33%, while traders in NZD/USD are at opposite extremes with 66.32%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/iWNOm3LGo4
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.08% Silver: 0.47% Gold: 0.44% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/sjPmNBF4Dr
  • Entry orders are a valuable tool in forex trading. Traders can strategize to come up with a great trading plan, but if they can’t execute that plan effectively, all their hard work might as well be thrown out. Learn how to place entry orders here: https://t.co/lAFyv1gM0P https://t.co/qmkJaNY3wf
  • China flexing their muscles as US look to sell $7bln worth of arms to Taiwan https://t.co/RYV8MnfYvN
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.56% 🇦🇺AUD: 0.13% 🇪🇺EUR: 0.10% 🇨🇦CAD: 0.09% 🇨🇭CHF: 0.04% 🇬🇧GBP: 0.02% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/0Ysc7X6418
  • $USDJPY edging closer to jawboning levels https://t.co/X6Er140Zbt
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: US 500: 0.15% Wall Street: 0.02% Germany 30: 0.00% France 40: -0.16% FTSE 100: -0.22% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/XWtHexwz1O
  • $GBP https://t.co/SjNYZBguXd
Gold Price 1207 and 1255 of Interest Over the Next 2 Weeks

Gold Price 1207 and 1255 of Interest Over the Next 2 Weeks

2015-10-15 20:31:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Weekly

Gold Price 1207 and 1255 of Interest Over the Next 2 Weeks

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-It was mentioned last update that “price has broken resistance and the push above resistance on the daily indicates an important behavior change. Look towards 1187-1207.” 1187 is the year open price and 1207 is the June high. We’re at the former level now. Given the fact that this rally initiated from a MAJOR long term support, expect a run at 1207 if not 1255 (long term bearish median line) before something on the other side materializes.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES