Condiciones de negociación
Products
Herramientas
Gold, as we mentioned yesterday in our analysis, took a break from its strong rally after reaching strong resistance and overbought levels. After a technical correction below 3,437, gold declined very quickly, reaching the 3,380 level.
After reaching the 8/8 Murray around 3,437, gold was unable to sustain above this area, which led to a sharp technical correction during yesterday's American session. It is now likely to continue falling in the coming days, reaching the 6/8 Murray at 3,359 and possibly even reaching the 200 EMA around 3,342.
The Eagle indicator is signaling a negative sequence, so we believe that any technical rebound, as long as the price trades below the 8/8 Murray level, will be seen as a signal to sell.
Good support for gold could be found around 3,359 or 3,342; both levels could offer bulls a buying opportunity.
In the short term, gold is likely to reach $3,300, as the chart technically shows strong overbought conditions.
¡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.
