Trading Conditions
Products
Tools
Red line -support trend line
Gold price broke below $1,800 today but near the end of the sessions bulls have managed to push prices back towards the daily highs and above the key long-term support trend line. Next week will be very important for short-term trend of Gold. Gold is bouncing after touching the major support trend line. Will a new upward move start or is this bounce just a short-term relief bounce? A daily close below $1,795 would be a new bearish signal. Until then bulls continue to have hopes.
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.