empty
 
 
15.01.2021 04:07 PM
Analysis of Gold for January 15,.2021 - Symmetrical triangle in the creation. Watch for the breakout to confirm further direction
US Dec advance retail sales -1.4% vs 0.0% expected

Prior was -1.1% (revised to -1.4%)

  • retail sales ex auto -1.4% vs. -0.2% estimate
  • retail sales ex auto and gas -2.1% vs. -0.3% estimate
  • retail sales control group -1.9% vs. +0.1% estimate

This is a poor report and the November numbers were revised significantly lower as well.

  • November retail sales ex auto revised to -1.3% from -1.1%
  • November retail sales ex auto and gas revised to -1.3% from -0.8%
  • November retail sales control group revised to -1.1% from -0.5%

So much for that strong Target same-store sales report.

Further Development

This image is no longer relevant

Analyzing the current trading chart of Gold, I found that there is symmetrical triangle in creation and I would watch for the brreakout to confirm further direction....

The breakout of the support at the price of $1,836 will confirm test of $1,819

The breakout of resistance at the price of $1,862 will confirm the test of $1,899.

1-Day relative strength performance Finviz

This image is no longer relevant

Based on the graph above I found that on the top of the list we got Natural Gas and Coffee today and on the bottom Platinum and Sugar.

Petar Jacimovic,
Especialista em análise na InstaForex
© 2007-2024
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $1000 mais!
    Em Abril nós sorteamos $1000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback