Daily price is located above 100-day SMA/200-day SMA area for the bullish market condition with the ranging within the following key support/resistance levels: 16.01 resistance located above 200-day SMA area in the primary bullish of the chart, and15.16 support level located near 200-day SMA on the border between the primary bullish and the primary bearish trend. RSI indicator is estimating the ranging bullish trend to be continuing If the price breaks 15.16 ...
H4 price is on ranging condition located inside Ichimoku cloud and below Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. The price is located within the following key reversal support/resistance levels: 14.40 resistance level located above Ichimoku cloud in the beginning of the bullish area of the chart, and14.18 support located on the border between the primary bearish and the primary bullish trend. ...
Daily price is located below 200 period SMA (200 SMA) and below 100 period SMA (100 SMA) for the primary bearish market condition with the ranging within Fibo resistance level at 14.34 and Fibo support level at 13.64. RSI indicator is estimating the ranging condition to be continuing. If the price will break Fibo resistance level at 14.34 so the local uptrend as the bear market rally will be started up to 14.61 as the next target. ...
Gold Trades Below 2-Month High as Investors Weigh U.S. Recovery Gold traded below a two-month high as investors assessed the U.S. economic recovery and the impact on borrowing costs amid signs of slowing physical demand. Bullion for immediate delivery lost as much as 0.3 percent to $1,313.98 an ounce, and traded at $1,314.94 at 2:01 p.m. in Singapore, according to Bloomberg generic pricing. Gold rose to $1,322.12 on June 20, the ...
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