Trading Conditions
Products
Tools
Further Development
Analyzing the current trading chart of Gold, I found that Gold reached both upside targets from Friday at the price of $1.775 and $1.782.
The Gold rejected of the Fibonacci expansion 100% at $1.782, which is good sign for the downside rotation.
My advice is to watch for selling opportunities intraday and potential for the downside movement towards $1.775.
Stochastic oscillator got bearish divergence, which is another indication for the downside rotation.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.