Gold Reverses Toward SupportSeptember 10 (King World News) – Top Citi analyst Tom Fitzpatrick: “Gold posted a bearish weekly reversal last week after closing Friday below $1,517. That $1,517 level also marked the neckline of a short term double top.
Gold Sees Bearish Weekly Reversal As It Nears Support
That setup indicates a test of $1,479, which is right in the zone of supports seen between $1,475 and $1,480 (channel base and horizontal support). Stabilization there would suggest the correction down might be over, while a firm close below that zone would indicate a deeper pullback. Additional support levels below the base of the channel come in at $1,455 and then $1,437-$1,439.
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.70M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 367886 | 4 |
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| Last trade - 09.57am 31/07/2025 (20 minute delay) ? |
| ARD (ASX) Chart |
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