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Gold Price Turns off 1219 but Watch for Support Near 1191

Gold Price Turns off 1219 but Watch for Support Near 1191

2017-01-19 20:41:00
Jamie Saettele, CMT, Sr. Technical Strategist
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Gold Price Turns off 1219 but Watch for Support Near 1191

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-“There are 2 levels to be aware of for possible resistance in gold; 1219 (38.2%) and near 1250 (50% and former support…including Brexit day low).” 1219 has held as resistance but it’s too early to say that gold is headed lower. For more on gold, watch this video.

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