Condições de Negociações
Ferramentas
Overview:
Since our last analysis, gold has been trading upwards. The price tested the level of $1,087.21. In the daily time frame, I found a strong demand bar in a high volume testing our SMA10. Our strong support around the levels of $1,075.00-$1,080.00 became strong resistance (changing polarity) now. In the M30 time frame, I found a volume spike (buying climax ) at the level of $1,083.70 and then the up-thrust bar (sellers overcomed buyers). Be careful when buying at this stage and watch for potential intraday selling opportunities.
Daily Fibonacci pivot points:
Resistance levels
R1: 1,082.30
R2: 1,083.40
R3: 1,085.50
Support levels:
S1: 1,078.45
S2: 1,070.30
S3: 1,075.35
Trading recommendations: Be careful when buying gold since the price testing our strong resistance level. Watch for potential selling opporutnities.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.