Rimani 
Condizioni di trading
Strumenti
Gold is trading around $4,081, rebounding after reaching the lower band of the descending trend channel formed on May 1st.
Gold hit a low of $4,011 around the psychological level of $4,000 and is now consolidating above the 5/8 Murray level.
If gold consolidates above $4,062 in the coming hours, it could be considered a buying opportunity with targets at the 21-period SMA around $4,215.
Given that gold has found strong support around $4,062 or $4,011, both levels could be considered opportunities to take long positions with short-term targets around the 6/8 Murray level at $4,375.
Should gold consolidate below the 5/8 Murray level, we could expect a continuation of the downward movement. However, before that, we should wait for the price to consolidate below the psychological level of $4,000. This could accelerate the downward movement and reach the 4/8 Murray level around $3,750.
The Eagle indicator has reached extremely oversold levels and is giving a positive signal. Therefore, we expect a technical bounce around the 5/8 Murray level, and a move above this zone could be seen as an opportunity to take long positions.
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.
