Trading Conditions
Products
Tools
Technical analysis:
Gold has been trading downside as I expected. The price reached my first objective at $1,739 but It is heading towards second target at $1,718.
Trading recommendation:
Due to the strong downside cycle and the downside trend, watch for selling opportunities on the rallies.
Downside target is set at the price of $1,718
Stochastic oscillator is showing fresh bear cross, which is another sign for the downside continuation.
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.