Permanecer 
Condiciones de negociación
Products
Herramientas
On 4H charts before the opening of the European session, gold (XAU/USD) is trading above the 21 SMA and drawing a bullish channel, showing an overbought signal according to the eagle indicator.
Yesterday gold made a weekly maximum for now, in the 1789 area. However, the pair could not preserve its bullish momentum since at that level it is located the 5/8 of Murray's resistance level and a weekly range.
The benchmark yield of US Treasuries continues its decline since the beginning of April. This data is supporting gold, which investors are seeing as a safe haven asset.
Gold could again target 1,790 and up to 1,800 only if it remains above the 21 SMA located at 1765. A consolidation above 1770 will be a good buying opportunity until 1,800.
On the contrary, with a break and consolidation below 1760, SMA zone of 21, we could expect a rebound in the uptrend channel, which coincides with the support of Murray's 4/8 of 1750. At this point, it will be a good buying opportunity.
The market sentiment for XAU / USD, gold has 81% of operators who are selling the pair, this is a sign that we could see an upward increase to exceed $1,800 a troy ounce in the short term.
Support And Resistance Levels For April 20 - 21, 2021
Resistance (1) $1,785
Resistance (2) $1,797
Resistance (3) $1,808
Support (1) $1,761
Support (2) $1,752
Support (3) $1,732
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
