GOLD14

Technical Analysis Gold

Posted on December 14, 2017 at 2:45 pm GMT

Gold is trading in a bullish direction at 1255 after rebounding from 1236 for the ounce and taking more support after the US dollar after announcing a rise in US interest to close higher than 1251 gold will follow the upward trend to trade above 1263

Relative indicators are trading at 40.30 negative daily for the pair

Stochastic indicators are trading at 33-55 with a bullish momentum

Resistance points: 1259 – 1263 – 1267

Support Points: 1249-1243-1237

Technical Analysis – Oil

Posted on December , 14, 2017  at 3:15 pm GMT

 

Crude Oil is trading in a bearish direction at 56.18 after the International Energy Agency (IEA) reported a surplus in the first half of the year, close to 200,000 barrels, and a close below 56.24 would reach $ 55.00 a barrel.

Relative indicators 48.20 Positive for the pair

Stochastic indicators at 26 – 50 negative for the pair

Resistance points: 56.92 – 57.54 – 58.21

Support points: 56.23 – 55.89 – 55.0

oil