Thursday, February 5, 2015

SUPPORT TRENDLINE IN GOLD (XAUUSD) 05/02/15


• 1258.8: today's current daily low at the time of preparing this analysis.
• 1255.6: Tuesday's low.
• 1251.8: Jan 29th low.
• 1247.8: medium term 42.9% retracement level, calculated for the rising move from Jan 2nd major bottom 1168.0 to Jan 22nd 5-month high 1307.6.
• 1237.8: medium term Fibonacci 50% retracement level, calculated for the rising move from Jan 2nd major bottom 1168.0 to Jan 22nd 5-month high 1307.6.
• 1227.8: medium term 57.1% retracement level, calculated for the rising move from Jan 2nd major bottom 1168.0 to Jan 22nd 5-month high 1307.6.
• 1221.3: medium term Fibonacci 61.8% retracement level, calculated for the rising move from Jan 2nd major bottom 1168.0 to Jan 22nd 5-month high 1307.6.
• 1207.9: medium term 71.4% retracement level, calculated for the rising move from Jan 2nd major bottom 1168.0 to Jan 22nd 5-month high 1307.6

No comments:

Post a Comment