Forex Review Online
No Result
View All Result
  • Home
  • Crypto
  • Education
  • News
start trading today
  • Home
  • Crypto
  • Education
  • News
No Result
View All Result
Forex Review Online
No Result
View All Result
Home ANALYSIS

Technical analyst has higher prices targeted for gold

A.R Chowdhury by A.R Chowdhury
September 2, 2020
Reading Time: 1 min read
0

Commerzbank on gold – 

  • Initial resistance is the 78.6% retracement at 2029 which guards the target band of 2070/2088. 
  • This is a combination of Fibonacci extensions and Elliott wave counts.
  • Above 2088 lies a Point and Figure target of 2162 and another Fibonacci extension to 2179. 
  • Our initial level is a P+F level of 2046 (on the 240 minute chart).

I’m not a user of EW, anyone who is, though – comments welcome on this. 

Source link

RELATED POSTS

EURGBP erases gains and returns to a familiar bias defining level

New highs for US stocks. The Nasdaq continues to lead

USDJPY has 3 key technical levels that have stalled the rally higher today

ShareTweetPin
A.R Chowdhury

A.R Chowdhury

Related Posts

EURGBP erases gains and returns to a familiar bias defining level
ANALYSIS

EURGBP erases gains and returns to a familiar bias defining level

August 14, 2022
New highs for US stocks. The Nasdaq continues to lead
ANALYSIS

New highs for US stocks. The Nasdaq continues to lead

August 14, 2022
USDJPY has 3 key technical levels that have stalled the rally higher today
ANALYSIS

USDJPY has 3 key technical levels that have stalled the rally higher today

August 14, 2022
WTI crude oil futures settle at $92.09
ANALYSIS

WTI crude oil futures settle at $92.09

August 14, 2022
Bitcoin technical analysis, bulls might be giving up soon
ANALYSIS

Bitcoin technical analysis, bulls might be giving up soon

August 14, 2022
The weekend forex technical report for the week of August 15, 2022
ANALYSIS

The weekend forex technical report for the week of August 15, 2022

August 14, 2022
Next Post
AUDUSD trades to highest level since August 2018

AUDUSD trades to highest level since August 2018

USDCAD bounces higher, but has some upside stall

USDCAD bounces higher, but has some upside stall

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

GBPUSD extends to a new week high

August 14, 2020

AUDJPY finds support buyers at the 200 hour MA twice today

August 10, 2020

The USD is the strongest and the EUR is the weakest as NA traders enter for the day

July 1, 2020

Popular Stories

  • The USD is the strongest and the NZD is the weakest as the NA session begins

    0 shares
    Share 0 Tweet 0
  • New highs for US stocks. The Nasdaq continues to lead

    0 shares
    Share 0 Tweet 0
  • EURGBP erases gains and returns to a familiar bias defining level

    0 shares
    Share 0 Tweet 0
  • What is forex and How does it work?

    0 shares
    Share 0 Tweet 0
  • What is CFD trading?

    0 shares
    Share 0 Tweet 0
Forex Review Online

© 2022 My Forex Review - Designed with Jnews Theme.

Navigate Site

  • Home
  • Crypto
  • Education
  • News

Follow Us

No Result
View All Result
  • Home
  • Crypto
  • Education
  • News

© 2022 My Forex Review - Designed with Jnews Theme.