{"id":176,"date":"2011-05-17T11:36:24","date_gmt":"2011-05-17T10:36:24","guid":{"rendered":"http:\/\/www.futurestechs.co.uk\/blog\/?p=176"},"modified":"2011-05-17T11:36:24","modified_gmt":"2011-05-17T10:36:24","slug":"gold-technical-analysis-holding-trend-support","status":"publish","type":"post","link":"https:\/\/www.futurestechs.co.uk\/news\/2011\/05\/17\/gold-technical-analysis-holding-trend-support\/","title":{"rendered":"Gold Technical Analysis &#8211; Holding trend support."},"content":{"rendered":"<p>Today&#8217;s Gold report from FuturesTechs focused on the trend support line that&#8217;s doing a job right now, and we switched back to a bullish stance, thinking that the market can head higher from here, making this a buying opportunity.<\/p>\n<p>From yesterday: <!--[if !mso]>\n\n\n<style>\nv:* {behavior:url(#default#VML);}\no:* {behavior:url(#default#VML);}\np:* {behavior:url(#default#VML);}\n.shape {behavior:url(#default#VML);}\nv:textbox {display:none;}\n<\/style>\n\n<![endif]--> <em>&#8220;I&#8217;m tempted to go with a green SkewBar above 1477\/1480\/1482 as this is a strong area of support that seems to be keeping a bid under this one&#8221;. <\/em><\/p>\n<p>&#8230;and Today: <!--[if !mso]>\n\n\n<style>\nv:* {behavior:url(#default#VML);}\no:* {behavior:url(#default#VML);}\np:* {behavior:url(#default#VML);}\n.shape {behavior:url(#default#VML);}\nv:textbox {display:none;}\n<\/style>\n\n<![endif]--> We didn&#8217;t do this yesterday, but we&#8217;re going to today, because 1488.5 did a job as support all day, and it didn&#8217;t look like we wanted to go down. We rallied in the end, up to 1504.3, so we didn&#8217;t worry bold resistance at 1508.6, but we continue to hold above this bunch of bold support below, and the bulls should be good to keep this going, which makes this a buying opportunity.<\/p>\n<p><a href=\"http:\/\/www.futurestechs.co.uk\/blog\/wp-content\/uploads\/2011\/05\/gold1705.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-177\" title=\"gold1705\" src=\"http:\/\/www.futurestechs.co.uk\/blog\/wp-content\/uploads\/2011\/05\/gold1705.jpg\" alt=\"\" width=\"500\" height=\"296\" \/><\/a><\/p>\n<p>To request a Free Trial of our Daily Technical Analysis Reports please click <a href=\"http:\/\/www.futurestechs.co.uk\/professional_trial\">here.<\/a><\/p>\n<p>Individual traders can have a look on our website on a trial basis by clicking <a href=\"http:\/\/www.futurestechs.co.uk\/trial\">here. <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today&#8217;s Gold report from FuturesTechs focused on the trend support line that&#8217;s doing a job right now, and we switched back to a bullish stance, thinking that the market can head higher from here, making this a buying opportunity.<br \/>\nFrom yesterday:  &#8220;I&#8217;m tempted to go with a green SkewBar above 1477\/1480\/1482 as this is a strong area of support &#8230;<\/p>\n<p><a class=\"btn-primary entries-readmore\" href=\"https:\/\/www.futurestechs.co.uk\/news\/2011\/05\/17\/gold-technical-analysis-holding-trend-support\/\" title=\"Read more\">Read more<\/a><\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[104,112,116,117,235,236,240,256,258,260,265,495],"class_list":["post-176","post","type-post","status-publish","format-standard","hentry","category-technical-analysis","tag-chart-technical-analysis","tag-clive-lambert","tag-commodity-charts","tag-commodity-technical-analysis","tag-futurestech","tag-futurestechs","tag-futuretechs","tag-gold-chart-analysis","tag-gold-charts","tag-gold-futures","tag-gold-technical-analysis","tag-technical-analysis-reports"],"_links":{"self":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts\/176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/comments?post=176"}],"version-history":[{"count":0,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts\/176\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/media?parent=176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/categories?post=176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/tags?post=176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}