empty
 
 
02.08.2015 11:05 PM
Gold technical analysis for August 3, 2015

Gold prices made a strong bounce on Friday towards $1,103. Is this the start of a bigger bounce? Yes, it is, if we break above $1,105. For now support is held and prices are moving right under the Ichimoku cloud resistance.

This image is no longer relevant

Red line - rejection

Blue lines - price projection

Gold prices remain below the Ichimoku cloud. Prices are testing cloud resistance at $1,104. Breaking above this level will push prices towards $1,130. This is a bounce and back test target area.

This image is no longer relevant

Red line - long-term trading support.

Gold prices remain in a bearish trend. However, we can see a bigger bounce is the short-term in case of a break above $1,105. A target fis seen at the level of $1,130. I believe that a back test of the break-down area is very probable and the best chance to re-sell gold, which has $1,000-$980 as target areas.

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