speculation that the UK remains in the EU in a referendum Thursday luster dim gold as a hedging asset if England completely out of the european Union.
on Tuesday (21/06/2016) yesterday, gold has suffered profit taking, which opened at 1289.80 price level. Now the pengutan experience in early trade to high levels of 1294.00 and reversed down the level of 1264.40 and closed at a price of 1267.0.
focus today, traders are watching the release of US economic data in the form of Fed President Yellen testifies to 21.00 pm and crude oil inventories at 21:30 am tonight that is a strong impact on the market gold.
stochastic indicator (5,3,3) at 14% and 28% with a line down. Market still has the potential to weaken the normal range in 1263 & ndash; 1274. The support resistance today as
R3 ?? ?: ?? 1294.20? ?? ? (High resistance)
R2 ?? ?: ?? ? 1284.70
R1 ?? ?: ?? ? 1278.70
S1 ?? ?: ?? ? 1263.10
S2 ?? ?: ?? ? 1258.10
S3 ?? ?: ?? 1248.60? ?? ? (Strong support)
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