RANGE 1550.00 - 1580.00
Resistance Level Support
1 1540.00 1600.00 target 70 % low to support
2 1520.00 1620.00 target 50% hit low
INDICATOR VALUE
Stoch (14) ↓ 18:43
RSI (14) ↓ 37.49
MACD (9) ↓ -7.56
PAR SAR (9) 1627.11 ↓
EMA (20) 1590.14 ↓
EMA (50) 1605.29 ↓
As in the exposure range outlook yesterday that the possibility of
gold has not changed, in two consecutive periods,
in the middle of the movement is quite volatile. failure to
through the resistance in 1600 will also strengthen the idea
that gold has the potential to lose momentum after the fall
of trendline 1 early last week. Because gold has the lowest test
last week at 1558.05, then further weakness will likely
deeper and deeper. Meanwhile, the forces between the gain and loss relative
still balanced. And the opportunity to recover remains, although
likely still very weak. Support is important not experience
changes, namely in the 1520's.
s2 s1 Pivot Point R1 R2
1529.67 1542.33 1560.67 1573.33 1591.67
gold wil be consolidation on down trend today
if stay in 1567 signal up r1
if stay in area 1546 signal don s1 target s2