empty
 
 
28.03.2017 05:12 PM
Daily analysis of Gold for March 28, 2017

This image is no longer relevant

Overview

Gold price fluctuates near the intraday bullish channel's support keeping its stability above this level until now. Notice that stochastic begins to overlap positively on the 4-hour time frame. That forms positive motive that we wait to assist to push the price to resume the bullish trend for the rest of the day especially that the EMA50 keeps supporting the price from below. Therefore, we will keep preferring the bullish trend in the upcoming sessions unless breaking 1,250.00 level and holding below it, where breaking this level will push the price to test 1,231.13 level again before it returns to rise again, while the positive targets begin at 1,263.17 and extend to 1,300.00. The expected trading range for today is between 1,245.00 support and 1,270.00 resistance.

Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • 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 $1000 more!
    In April we raffle $1000 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

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback