Market News

World Gold Review For You

 

- Last week, precious metal Gold touched the price area of ??1688 once again (this is the price range for 1 and a half years now) and has not been broken through.  After touching gold, it rebounded slightly to 1717. The recovery momentum continued to be maintained until the beginning of this week.


 - In the early hours of this morning, the gold price had a sudden surge to 1726 and then fell back to 1715. My personal opinion is that gold will still have a slight recovery when it touches the strong support area at 1688.  However, the resistance around 1728-1735 is quite strong, so if we buy ace, it is reasonable to set a target here.  After reaching this price zone, I will consider a sell signal later. 

 

????BUY STOP CRUDE OIL AT 86.90
????TP 87.90 88.90
????SL 85.90