empty
 
 
18.06.2020 04:51 PM
Gold bulls unable to reclaim key resistance

Gold price briefly pushed above $1,730 key resistance today but sellers were stronger and price is making a bearish reversal now. Price is entering the short-term Ichimoku cloud now and combined with the rejection at the $1,730 resistance, this is a bearish sign.

This image is no longer relevant

Gold price is again below both the tenkan-sen and kijun-sen. Bulls did not want price to get rejected at $1,730 and definitely they did not want price to break inside the cloud. Price has now potential to move towards $1,706 support and the lower cloud boundary. Breaking below this level would be a bearish sign. Resistance remains at $1,730. In order for the bullish scenario to be confirmed, we need to see price break this resistance. Today's price action confirms the importance of this resistance level. Let's see now if support holds. Bulls are still alive but need to come back if they want to see price move higher towards $1,780.

Ringkasan
Urgensi
Analitik
Alexandros Yfantis
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada Februari kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback