Commodities Analysis & Opinion

The Smooth Gold Bear Channel

 

XAU/USD
-1.34%

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Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:


 

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Gold
-1.60%

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Add to Watchlist

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Position added successfully to:

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Type:

BUY
SELL

Date:

 

Amount:

Price

Point Value:


Leverage:

1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000

Commission:


 

Create New Watchlist
Create

Create a new holdings portfolio
Add
Create

+ Add another position
Close

Gold is jut one support away from its 2 1/2 years lows. In the hourly chart, the price is contained within a smooth downtrend channel. The story will be reversed by closing above $1,735.

Gold 5HR Chart

Source

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