empty
 
 
27.01.2022 06:57 PM
Gold bulls unable to defend support.

In our Ichimoku cloud analysis on Gold we warned traders that if Gold price were to break below $1,820, it would provide a bearish signal and would increase chances of reaching $1,800 and breaking below it. Gold is now trading at $1,791.

This image is no longer relevant

Red line - major resistance

Green line -support

Gold price got rejected just below the red resistance trend line. We noted the reversal signals on time as price was unable to hold above $1,830 which was the break out level. Gold price is falling sharply towards its major support trend line at $1,780. This is not the time to be bearish Gold as price is approaching key support area. Bulls do not want to see this triangle pattern break to the downside. Bulls will defend the green support trend line.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback