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.

Free Trading Guides
EUR/USD
Bullish
GBP/USD
Mixed
USD/JPY
Mixed
Gold
Bearish
Oil - US Crude
Mixed
Bitcoin
Bearish
More View more
Real Time News
  • #Crypto update: $BTC +2.5% $BCH +5% $XRP -1.1% $LTC +0.5% $ETH +0.3%
  • US earnings season kicks into high gear this week https://t.co/tCTS1cOc4V
  • If the $CAD weakens post-election, a move back to 1.3240 is likely where resistance from the 20- and 50-day moving averages would act as resistance. Get your $USDCAD technical analysis from @nickcawley1 here: https://t.co/m2gNJy4mqk https://t.co/iDMQGlstFj
  • Natural Gas Weekly Forecast: Buyers Shy Away From Key Resistance Levels More details in the link below: https://www.dailyfx.com/forex/technical/article/special_report/2019/10/21/Natural-Gas-Weekly-Forecast-Buyers-Shy-Away-From-Key-Resistance-Levels-MK.html?CHID=9&QPID=917714 https://t.co/ntLOcFeOH2
  • Best feel good video ever.... https://t.co/v9sEPOv2ns
  • UK Parliament Speaker Bercow rejected the PM's request to vote on the Brexit deal today. Not a surprise given the Sterling's steadfastness
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.20% 🇬🇧GBP: 0.18% 🇨🇦CAD: 0.17% 🇯🇵JPY: -0.12% 🇨🇭CHF: -0.15% 🇪🇺EUR: -0.17% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/X6sULbFHV4
  • RT @charliebilello: The rate cuts starting in September 2007, January 2001, and June 1989 did not prevent recessions that started in Decemb…
  • Surprisingly, #Sterling speculative net shorts were largely unchanged, despite the currency surging over 5% to 1.28 during the reporting period. Get your market update from @JMcQueenFX here: https://t.co/t9pBLacdt2 $GBP https://t.co/mOF8xoE5e8
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.89% US 500: 0.50% France 40: 0.43% Wall Street: 0.02% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/VovlDOMwGF
Gold Price Showing a Little Something at 1200 Support

Gold Price Showing a Little Something at 1200 Support

2016-11-22 20:01:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

Gold Price Showing a Little Something at 1200 Support

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-The 2011-2012 trendline was resistance after the election and the metal has reached a level that could provide support for another leg higher. The level in question is the intersection of slope and the May low (1200). Initial resistance on a pop is probably near 1240.

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

DISCLOSURES

News & Analysis at your fingertips.