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Gold Technical Analysis

After making losses below the 200-DMA Wednesday’s close below

Last week’s failure ahead of the 55-DMA and falling daily trend

The sequence of lower daily highs continues following on from

After making losses below the 200-DMA Wednesday’s close below

Last week’s failure ahead of the 55-DMA and falling daily trend

As the 21-DMA heads higher the 3321.6 support becomes key.

Recent support ahead of the 200-DMA gave way Friday with the

The bounce from marginally below the 21-DMA last week has seen pressure

The 21-DMA remains key support for Stoxx50 this week with bears needing

Recent support ahead of the 200-DMA gave way Friday with the relatively

The bounce from marginally below the 21-DMA last week has seen

Failure to carry on with topside gains resulted in a correction lower Monday