Home Wires

The spot gold price key technical support is located at US$1180

Angela Mangan

QMG Pty Ltd

The spot gold price key technical support is located at US$1180. A close below this barrier, if it occurs, would indicate the potential for the next major downward move. The spot gold price originally generated a technical sell signal at US$1288 on 22/4/14 which was followed by a secondary technical sell signal at US$1276 on 22/8/14. The initial downside target located at US$1232 was reached on 12/9/14 - which was the minimum expectation for a pullback.

1 topic

Angela Mangan
Angela Mangan
Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

Expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment

most popular

Equities

A contrarian assessment of Macquarie Group

Leithner & Company Ltd

Equities

From 55,000 stocks to the chosen few: How to hunt for the world's best opportunities

Livewire Markets

Equities

Paul Moore's stock to buy and hold for the next 25 years

Livewire Markets

Equities

It won't get any better from here for Aussie banks

Livewire Markets

view all