+43 (1) 346 999 90 09
Gold headed for critical time
Published on 12.01.2018 14:47

In the last 2 weeks the gold price has broken through 2 significant resistance points and is now heading for perhaps its most important test, the peak reached in the biggining of September at around $1,350. If we see a break above this point, which is a major phsycological level within the next few days there is no reason why gold cant push higher and $1,350 should become the new support level.

A reversal in the next few days should see gold find support at $1,320 which was a previous resistance level.

Andrew Masters


The world of trading has no boundaries
Important notice
By clicking "Continue" you will be redirected to the website operated by FIBO Group Holdings Limited, a company registered in Cyprus and regulated by CySEC. Please familiarize yourself with the Terms of Business through the link. Click "Cancel" to remain on this page.