FX & CFD trading involves significant risk
Yesterday, gold failed to sustain a move below the 16-week support line and bounced from the 38.2% Fibonacci level. Gold trades within the 2-week res line at $1497.00. Daily studies are mixed. Further res seen at $1510/1512.7 (21-DMA and 23.6% Fibonacci).
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.