empty
 
 
17.06.2022 09:21 AM
Analysis of Gold for June 17,.2022 - Potential for the downside rotation

Technical analysis:

This image is no longer relevant

Gold has been trading upside yesterday but I potential for the downside rotation today due to overbought condition.

Trading recommendation:

Due to the overbought condition on the Stochastic and rejection of the upper trend-line, I see potential for the downside rotation.

Watch for potential selling opportunities on the intraday rallies wit the downside objectives at $1.815 and $1.800.

Stochastic is showing overbought condition and fresh bear cross,which is sign for the downside rotation.

Key resistance is set at the price of $1.876

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