Trendline support guards a 50% mean reversion of the late June swing lows to recent highs target. Bulls look for a close above the 1500 level ahead of the 1520 level. Technically, the price had been sent lower below the 21 and 50-day moving averages converging and the 7th Oct lows. Trendline support guards a test of a 50% mean reversion of the late June swing lows to recent highs around 1480 will be encouraged. Failures here will open the early August lows down at 1400 the figure. On the upside, bulls seek closes above the 1500 level ahead of the 1520 level and the1535 resistance target. Daily gold chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD keeping gains despite dismal China PPI data FX Street 4 years Trendline support guards a 50% mean reversion of the late June swing lows to recent highs target. Bulls look for a close above the 1500 level ahead of the 1520 level. Technically, the price had been sent lower below the 21 and 50-day moving averages converging and the 7th Oct lows. Trendline support guards a test of a 50% mean reversion of the late June swing lows to recent highs around 1480 will be encouraged. Failures here will open the early August lows down at 1400 the figure. On the upside, bulls seek closes above the 1500 level ahead… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.