Condizioni di trading
Strumenti
Gold price tried to break above resistance at $1,317 yesterday but got rejected. This was a bearish sign and that is why Gold price is back below $1,310. Price however still holds above support of $1,300.
Purple lines - bullish channelYellow rectangle -major short-term support
Black rectangle - important short-term resistance
Gold price remains inside the medium-term bullish channel. As long as price is above $1,275-80 trend remains bullish. However we have noted a few days back that after reaching our $1,320 Gold price should see a pullback at least towards $1,300. The pullback was fast towards $1,302 and I do not think it is over. As I said yesterday, I prefer to be neutral or bearish as long as we trade below $1,317. A new minor low below $1,302 is the minimum expectation at current stage.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.