Rimani 
Condizioni di trading
Strumenti
Gold price got rejected at the $1,490 resistance area and remains inside the weekly bearish channel its been in since the summer top. Gold price bounced as expected by our analysis towards $1,480-90 area. Gold back tested the important resistance area of $1,490 which was previously an important break down area.
Gold price weekly candlestick is a bearish one as price pushed towards channel resistance and price turned around and ended the week near its week lows. Bulls need to recapture $1,490-$1,500 level in order to hope for new highs above $1,557. Major support is found at last week's low around $1,450. A weekly close below that level will open the way for a move lower towards $1,400-$1,370. We warned in our last analysis that Gold was at a very important resistance level. The rejection that followed was a bearish sign. Bears now need to break below $1,450 in order to confirm they are under control of the trend.
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.
