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GOLD

Gold – Technical Analysis (14.11.2014)

We expect to see more upside. First target for gold is the $1180-$1185 key resistance area. Immediate support is offered by the $1131 low.

After the strong rally which took gold from $1131 to $1178.50, the precious metal has been trading in a flag formation. We, therefore, expect to see more upside. First target for gold is the $1180-$1185 key resistance area. Immediate support is offered by the $1131 low.  More...

by ProfitEase.com | in GOLD | Published 5 years ago
Our stance on gold is neutral until either the $1185 reistance, or the $1130 support is breached. This will give insight about bullion's next move.
By ProfitEase.com in GOLD On Wednesday, November 12th, 2014
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Gold – Technical Analysis (12.11.2014)

Our expectations for a continuation of gold’s rally were not fulfiled yesterday. Bullion’s progress was stopped short at $1177.20 and selling pressure dipped the precious metal to a session low of $1146.10. Our More...

The bias for gold is now positive for a tight test of the $1182 major resistance, en route to $1204. Initial support is expected at $1161.
By ProfitEase.com in GOLD On Sunday, November 9th, 2014
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Gold – Technical Analysis (10.11.2014)

Gold’s impressive rally took it to $1176.60 at the close of the trading session on Friday. The impulsive movement suggests that at least a mid-term bottom for bullion was formed at $1131. The bias is now More...

The breach of $1161 signals the beginning of another leg lower for gold. Bullion is targeting the $1045 support. Immediate resistance is $1161.
By ProfitEase.com in GOLD On Friday, November 7th, 2014
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Gold – Technical Analysis (07.11.2014)

The breach of the  $1161 support, the lower bound of the trading range, signals the beginning of another leg lower for gold. Bullion is now targeting $1085, en route to $1045. Immediate resistance is $1161.  More...

Next target for gold is the key $1180 support. Immediate resistance is $1222.25.
By ProfitEase.com in GOLD On Thursday, October 30th, 2014
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Gold – Technical Analysis (30.10.2014)

The $1204.50 support will hardly serve as a cap to gold’s impulsive slide that took place yesterday. Next target for the precious metal is the key $1180 zone. Immediate resistance is $1222.25.  More...

The outlook for gold remains bearish for a slide towards the $1204.50 support. Any upside attempts at this stage should be capped by the $1240 resistance.
By ProfitEase.com in GOLD On Wednesday, October 29th, 2014
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Gold – Technical Analysis (29.10.2014)

The outlook for gold remains bearish for a slide towards the $1204.50 support. Any upside attempts at this stage should be capped by the $1240 resistance.  More...

Gold's second consequtive daily close below the $1240 resistance confirms the bearish outlook. Next target to the downside is $1221.70, followed by $1204.50
By ProfitEase.com in GOLD On Sunday, October 26th, 2014
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Gold – Technical Analysis (27.10.2014)

Gold’s second consequtive daily close below the $1240 resistance confirms the bearish outlook for the precious metal. Next target to the downside is $1221.70, followed by the $1204.50 support.  More...

Yesterday's daily close below the $1240 support was bad news for gold bulls. We expect the precious metal to resume its long-term downtrend.
By ProfitEase.com in GOLD On Friday, October 24th, 2014
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Gold – Technical Analysis (24.10.2014)

Yesterday’s daily close below the $1240 support was bad news for gold bulls. We expect the precious metal to resume its long-term downtrend. First target to the downside is $1221, followed by $1204. Immediate More...

Gold's triple bottom at $1180 was followed by a successful break through the $1240 resistance. Next target to the upside is $1270.
By ProfitEase.com in GOLD On Thursday, October 23rd, 2014
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Gold – Technical Analysis (23.10.2014)

Gold’s triple bottom at $1180 was followed by a successful break through the $1240 resistance, confirmed on a daily basis. Evidence has been building up in favor of the precious metal’s reversal, at More...

After the triple-bottom at $1180 the bias for gold is positive. We anticipate the precious metal to head north to the $1269-$1278 resistance area.
By ProfitEase.com in GOLD On Friday, October 17th, 2014
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Gold – Technical Analysis (20.10.2014)

After the triple-bottom at $1180 the bias for gold is positive. We anticipate the precious metal to head north to the $1269-$1278 resistance area. Immediate support for gold is located at $1220, and above it the More...

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