2:53 PM · 14 April 2021

🔽Gold breaks out of consolidation!

GOLD
Commodities
-
-

Just before the start of the US session, the gold price fell sharply and broke below the support around the $ 1740.8. As can be seen in the chart below, a bottom shadow is currently forming, which poses a risk of a rebound. However, if the price remains below the aforementioned level of $ 1740.8 (which should now act as resistance), a deepening of the sell-off is possible. The $ 1729 zone should be considered as major support, and is marked with earlier price reactions and 78.6% Fibonacci retracement.

GOLD interval M15. Source: xStation5

16 October 2025, 5:05 PM

Breaking: crude oil inventories above expectations 📌

16 October 2025, 3:36 PM

BREAKING: NATGAS declines after EIA data 📌

16 October 2025, 8:18 AM

Cocoa with limited reaction to weaker grinding data from Europe

15 October 2025, 6:34 PM

Daily Summary – Wall Street Rally Driven by Powell’s Promises

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits