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Gold price remains below the important price level of $1,270. The short-term trend remains bearish. Our longer-term view remains near $1,000. Breaking the triangle wave 4 signals the start of wave 5. My wave 5 targets are between $1,050 and $950.
Gold price remains in a downtrend. The Ichimoku cloud indicators continue to point lower. Gold continues to make lower lows and lower highs. Short-term resistance is found at $1,270. Only if we see a break above that level, we can say that short-term trend has changed. Until then I believe it is a matter of time we see $1,240 and below.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.