empty
 
 
21.11.2014 07:41 AM
Technical analysis of Gold for November 21, 2014

This image is no longer relevant

Technical outlook and chart setups:

Gold seems to have formed a higher low at $1,175.00 levels yesterday. The metal has bounced off, back into the $1,190.00/95.00 region and is looking to push higher, through the $1,204.00/05.00 levels. Resistance is seen at $1,205.00 (interim), followed by $1,235.00/40.00, followed by $1,250.00/55.00, $1,276.00 and higher respectively. A push through the $1,208.00/10.00 level, would open doors towards $1,240.00 and $1,255.00 levels as next extensions. On the flip side, a bearish reaction at $1,208.00, could turn the metal lower towards fresh lows. Bulls are likely to remain under control till prices remain above $1,140.00 levels for now.

Trading recommendations:

Remain long, stop at $1,140.00, the target is open.

Good luck!

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
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 $6000 more!
    In December we raffle $6000 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
  • 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