Rimani 
Condizioni di trading
Strumenti
Gold price got rejected and reversed strongly from our target area of $1,310-15. Price returned back to its major support of $1,290-80 area. It is important for bulls to break above $1,310 and for bears to break $1,280.
Red rectangle - bounce target
Green rectangle - major support area
Gold price bounced off the major support area as expected and reached our short-term target. Bulls were not strong enough to break above the red trend line resistance and price got rejected. This was a bearish sign. However bulls remain hopeful as long as price remains above the major green support area of $1,290-80. Bears on the other hand remain in control of the medium-term trend after topping prices back in February, while Gold continues to make lower highs, showing increasing weakness. Breaking below $1,280 will open the way for a move towards $1,250 at least. Breaking above $1,310 will increase the chances for Gold price to make new yearly highs.
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.
