Gold lost about $12 as the metal reached a new 2018 low at $1,225.90 a troy ounce. Gold is now consolidating the steep sell-off. Resistances to the upside are located near 1,232.00 consolidation area and 1,236.28 former 2018 low. To the downside, bears objective is to reach the 1,220.00 level followed by the 1,204.00 July 10, 2017 swing low. Gold 15-minute chart Spot rate: 1,227.00 Relative change: -1.11% High: 1,245.01 Low: 1,225.90 Trend: Bearish Resistance 1: 1,232.00 consolidation area Resistance 2: 1,236.28 former 2018 low Resistance 3: 1,241.50 intraday swing low Resistance 4: 1,245.65 June 28 low Resistance 5: 1,250.00 figure Resistance 6: 1,254.23 June 28 high Resistance 7: 1,260.00 figure Resistance 8: 1,264.14 June 25 low Resistance 9: 1,270.00 figureResistance 10: 1,286.10 May 21 low Support 1: 1,225.90 current 2018 low Support 2: 1,220.00 figure Support 3: 1,204.00 July 10, 2017 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 Litecoin Technical Analysis: LTC/USD has formed a bullish pennant pattern, subject to an extended rally higher FX Street 5 years Gold lost about $12 as the metal reached a new 2018 low at $1,225.90 a troy ounce. Gold is now consolidating the steep sell-off. Resistances to the upside are located near 1,232.00 consolidation area and 1,236.28 former 2018 low. To the downside, bears objective is to reach the 1,220.00 level followed by the 1,204.00 July 10, 2017 swing low. Gold 15-minute chart Spot rate: 1,227.00 Relative change: -1.11% High: 1,245.01 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.
