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0.00% 28.5¢ dacian gold limited

$1205.30 POG close - Looks like it’s bottomed: by Ilya Spivak ,...

  1. CEOChair
    26,757 Posts.
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    25/08/18
    07:41
    Post #: 35173685
    $1205.30 POG close - Looks like it’s bottomed:


    by Ilya Spivak , Sr. Currency Strategist
    GOLD TECHNICAL ANALYSIS
    Gold prices retreated from resistance defining the down trend started in mid-June. Support begins at 1160.37, the August 16 low, with a daily close below that targeting the 38.2% Fibonacci expansion at 1127.93. Alternatively, a rebound and breach above support-turned-resistance at 1204.59 targets the 1236.66-40.86 area.




    https://www.dailyfx.com/forex/funda...-Weaken-Further-on-Hawkish-Powell-Speech.html
    Last edited by CEOChair: 25/08/18
    DCN Price at posting: $2.36 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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