| Walking to mitigate the Asian session Increase of Europe Reducing the U.S. session The trading range : 1207 to 1192 . Trading strategy : Sales in 1205 / 07 , Stop loss 1211 target 1192 expectations . NextVIEW - Business Strategy gold , oil and the day 23/12 |
Get up to 24 hours of trend :
The price of gold fell to $ 1,186.50 / ounce last week but was able to recover the cost of $ 1,200.00 / ounce on 6th last night .
This week , your body will revolve around the price of gold on the support area $ 1,180.00 / ounce , the gold price if this support is penetrated , the next resistance level is $ 1,100.00 turn / ounce and 1,050 , 00 USD / ounce . Conversely , if the gold price remains above $ 1,200.00 / ounce , the gold price may well come back up to the level of $ 1,300.00 / ounce and $ 1,400.00 / ounce .
Forex Yard - Gold Trading Strategy Day 23/12
The level of technical support
Resistance : 1245 -1227 - 1215
Current Price : 1201.9
Support levels: 1180 - 1167 - 1155
Pivot : 1225
The main strategy :
Sell ??below 1225 target for the 1180-1167
Secondary strategy : If break 1215 targets for 1227-1245
Verdict : If 1225 was the resistance movement was downward prices .
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