Spot gold may fall to $4,084, breached support at $4,110
Spot gold may fall to $4,084 per ounce, as it has briefly pierced below the support at $4,110, according to Reuters market analyst Wang Tao.
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Spot gold may fall to $4,084
Spot gold may fall to $4,084 per ounce, as it has briefly pierced below the support at $4,110. A projection analysis on the downtrend from $4,370 reveals a target of $4,084, the 261.8% level. The wave pattern suggests the development of a small wave c.
Spot gold technicals: bounce may end near $4,189 per ounce
Spot gold may end its bounce around resistance at $4,189/oz and revisit the Sept 28 low at $4,111, with possible extension toward $4,214.
Spot gold may retest support at $4,110
Technical analysis says a break below $4,110 could open $4,058 to $4,084; reversal not seen unless above $4,152.
Spot gold may retest support at $4,110
Spot gold TVC:GOLD may retest a support at $4,110 per ounce, a break below which could trigger a fall into the $4,058 to $4,084 range.A projection analysis on the downtrend from $4,371 reveals this support — the 238.2% level, which temporarily holds. A weak bounce occurred.A reversal of the downtre…
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