NTGOLD - NEWS

Live Rates Powered By:

AUDUSD

NZDUSD

EURUSD

GBPUSD

USDJPY

USDCAD

GOLD 21/04/2014

2014-04-21 15:49:50

Gold pushes strongly lower with the start of the week, retesting the 50 percent retracement level for the overall bullish wave form 1182.00 to 1392.00 at 1287.00. A break with stability below the latter should confirm more downside probably towards the 61.8 retracement level t 1262.00 level. The bearish momentum is strong and thus we maintain our bearish view for gold.


Support	1285.00	1280.00	1277.00	1270.00	1262.00
Resistance	1300.00	1305.00	1309.35	1315.00	1323.20
Recommendation	Based on the above, sell the metal below 1300.00 targeting 1293.00 and 1285.00 then 1278.00 with stop-loss below 1310.00.

Related news

Gold Pressured By Bearish Outside Markets (2016-11-01 03:50:56)
Trend Down Under at 1360.00 and 1347.00 1332.00 targets 1370.00 as long as they do not violate (2016-07-12 17:27:51)
Direction: neutral (2016-07-01 16:54:07)
Direction: neutral (2016-06-30 15:17:32)
Direction: Bullish above 1303.00, targeting 1365.00 and 1400.00 as long as the price trading above 1290.00 (2016-06-30 05:32:18)
Direction: Bullish above 1317.00, targeting 1365.00 and 1400.00 as long as the price trading above 1290.00 (2016-06-28 05:40:46)
Direction: Bullish above 1303.00, targeting 1365.00 and 1400.00 as long as the price trading above 1280.00 (2016-06-24 20:25:31)
Direction: Bearish below 1263.00, targeting 1250.00 and 1239.00 as long as the price trading below 1282.00 (2016-06-23 19:20:37)
Direction: Bearish below 1262.00, targeting 1252.00 and 1240.00 as long as the price trading below 1280.00 (2016-06-22 14:56:10)
Direction: neutral (2016-06-20 20:28:46)

TIME
Sydney	Tokyo	Ha Noi	HongKong	LonDon	NewYork

Gold Price at ABCBULLION Foreign exchange rates at CommonWealth Bank Foreign exchange rates at ANZ Bank

Prices By NTGOLD
We Sell	We Buy
37.5g ABC Luong Bar
7,854.70	7,144.70
1oz ABC Bullion Cast Bar
6,570.10	5,870.10
100g ABC Bullion Bar
20,912.30	18,812.30
1kg ABC Bullion Silver
2,778.30	2,178.30

» Gold and silver prices poised for further gains amid mounting economic risks - Sprott's McIntyre (2025-07-03 06:43:22)

» Are gold, silver, and platinum effective safe haven investments in 2025? – Saxo Bank (2025-07-02 07:26:16)

» Wall Street stays cautious on gold, Main Street grows more optimistic with Fed-moving inflation data mid-week (2025-06-07 16:46:33)

» Wall Street and Main Street adopt a cautious posture on gold prices next week with payrolls data on deck (2025-05-31 06:44:29)

» Gold isn’t out of the woods just yet, but its bullish potential remains (2025-05-16 06:33:05)

» Gold gains, the dollar weakens as inflation cools to a four-year low (2025-05-14 07:06:00)

» Wall Street balanced between bulls, bears, and the fence, Main Street maintains bullish bias with tariffs and inflation in focu (2025-05-10 09:59:17)

» The price gap between oil and gold points to a recession and $4,000 gold - Bloomberg’s Mike McGlone (2025-05-07 08:35:35)

» Gold surges ahead of Fed meeting, silver and platinum prices struggle to regain key support - FX Empire’s Zernov (2025-05-06 08:26:08)

» Gold prices hold above $3,300 amid economic concerns: Where are prices headed? (2025-04-30 08:37:50)

» With gold sentiment peaking, it may be silver’s time to shine - NDR’s Bauer (2025-04-29 06:13:03)

» Bearish turn on Wall Street and Main Street after multi-session gold selloff saps metal’s momentum (2025-04-26 05:50:48)

» Gold prices drop 6% from all-time highs, but the rally is far from over (2025-04-26 05:45:38)

» Investors should be more nervous about equity markets than gold above $3,000 - Sprott’s Ryan McIntyre (2025-04-25 06:32:26)

» Gold hits $3,500 as dollar trust erodes, Fed pressure mounts, Axel Merk warns of ‘mania of our policymakers’ (2025-04-23 07:03:02)

The process of producing gold 1) Metallurgy. 2) Metal working and check. 3) Producing.

Slideshow

© 2011 Copyright By Ngoc Thanh NTGold. All Rights Reserved.
Powered by: Ngoc Thanh NTGold

Online: 47
Today: 1774
Total: 6401043