FX & CFD trading involves significant risk
Gold prices continue to print fresh record highs despite daily studies losing momentum. Resistance is seen at $1617.10 (the daily
Bollinger band top), followed by a resistance at $1646.00 (channel line from Nov 2010). Initial support seen at $1596.80 (the 5-DMA). Gold currently holds around $1606.0.
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.