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Direction: Sideways
2015-12-29 18:52:46

Gold trades near SMA20 between 1078.00 and 1062.00 along with weakness on ADX, which can’t give off a confirmed signal.

GOLD@Daily-18

Moreover, we see RSI trading around 50.00; thus, we will be neutral and will not suggest specific positions due to lack of liquidity.

Support: : 1070.00 – 1062.00 – 1050.00

Resistance:: 1082.00 – 1090.00 – 1101.00

Direction: Sideways





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