Gold found buying interest at the 1,204.00 support and then shot up almost to $1,220.90 a troy ounce which is the July 18 low, resistance. Gold is currently retracing the intraday boost towards the 200-period simple moving average and the 1,213.70 July 31 low. Although bulls had a strong intraday bull run, the yellow metal is likely going to remain under pressure as long as it doesn’t surpass the 1,220.90 resistance. Gold 15-minute chart Spot rate: 1,214.75 Relative change: 0.59% High: 1,220.20 Low: 1,204.10 Trend: Bearish Resistance 1: 1,220.90 July 18 low Resistance 2: 1,223.00 consolidation area Resistance 3: 1,225.90 July 17 low Resistance 4: 1,232.00 consolidation area Resistance 5: 1,236.28 July 13 low, key level Resistance 6: 1,241.50 intraday swing lowResistance 7: 1,245.65 June 28 low Support 1: 1,211.17 July 19 low Support 2: 1,213.70 July 31 low Support 3: 1,204.00 July 10, 2017 swing low Support 4: 1,194.30 2017, March 10 low Support 5: 1,180.62 2017 January 27 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 Canada: Goods trade likely contributed to growth – NBF FX Street 5 years Gold found buying interest at the 1,204.00 support and then shot up almost to $1,220.90 a troy ounce which is the July 18 low, resistance. Gold is currently retracing the intraday boost towards the 200-period simple moving average and the 1,213.70 July 31 low. Although bulls had a strong intraday bull run, the yellow metal is likely going to remain under pressure as long as it doesn't surpass the 1,220.90 resistance. Gold 15-minute chart Spot rate: 1,214.75 Relative change: 0.59% High: … 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.
