Gold is trading less than 4 points away from the 2018 low at 1,236.28. Gold momentum is bearish but sellers need a bear breakout below 1,236.28 in order to extend the bear trend towards 1,204.00, July 10, 2017 swing low. Failure to break below 1,236.28 can lead to a bullish reversal attempt and target 1,245.65, June 28 low. Gold 15-minute chart Spot rate: 1,240.00 Relative change: -0.11% High: 1,245.60 Low: 1,238.10 Trend: Bearish Resistance 1: 1,241.50 intraday swing low Resistance 2: 1,245.65 June 28 low Resistance 3: 1,250.00 figure Resistance 4: 1,254.23 June 28 high Resistance 5: 1,260.00 figure Resistance 6: 1,264.14 June 25 low Resistance 7: 1,270.00 figure Resistance 8: 1,286.10 May 21 low Support 1: 1,236.28 current 2018 low Support 2: 1,204.00 July 10, 2017 swing low Support 3: 1,122.89 December 11, 2016 swing low 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 EOS price analysis: EOS/USD spikes over 9% higher on Monday, as bulls lay foundations for decent recovery FX Street 5 years Gold is trading less than 4 points away from the 2018 low at 1,236.28. Gold momentum is bearish but sellers need a bear breakout below 1,236.28 in order to extend the bear trend towards 1,204.00, July 10, 2017 swing low. Failure to break below 1,236.28 can lead to a bullish reversal attempt and target 1,245.65, June 28 low. Gold 15-minute chart Spot rate: 1,240.00 Relative change: -0.11% High: 1,245.60 Low: … 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.
