Gold increases and exceeds the 1345 resistance point (15/01/2018). Hourly support is maintained at 1’306 (04/01/2018 low). The commodity even outreached the strong resistance landmark at 1357 (08/09/2017 high). The technical structure indicates further shortterm upside moves.
In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1392 (17/03/2014) is required to confirm it. A major support can be found at 1045 (05/02/2010 low).
. Hourly support is maintained at 1'306 (04/01/2018 low). The commodity even outreached the strong resistance landmark at 1357 (08/09/2017 high). The technical structure indicates further shortterm upside moves.){kind=link}