Thursday, October 15, 2026

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FxWirePro: Buy Gold above $1214 with SL around $1200 for the TP of $1235/$1249.

Minor resistance - $1214 (trend line joining $1216.83 and $1213) Minor support - $1199 The commodity is consolidating between $1190 and $1216 for the past three trading session. It is currently trading around $1209. Any …

By Lis Howell
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Minor resistance - $1214 (trend line joining  $1216.83 and $1213)
     
  • Minor support - $1199 
     
  • The commodity is consolidating between $1190 and $1216 for the past three trading session. It is currently trading around $1209.
     
  • Any break above minor resistance $1214 confirms minor bullishness , a jump till $1235/$1249 is possible.
     
  • On the lower side any break below $1200 will drag the commodity down till $1190/$1171.

It is  good to buy above $1214 with SL around $1200 for the TP of $1235/$1249. 

 

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By FxWirePro Team