empty
 
 
29.03.2013 03:04 PM
Gold targeting 1,660.00. Probable rally would resume next week. Remain long

This image is no longer relevant

Technical outlook and chart setups:

The yellow metal has retraced lower up to 1,585.00 level as we had been discussing earlier. Believe it or not, these intraday dips are excellent buy opportunities. It is expected that the rally should materialize by next week, taking prices towards 1,660.00 level. Supports are seen from 1,570.00 level, followed by 1,560.00, 1,555.00, 1,550.00, and 1,525.30; while resistance remains fixed at 1,650/60, 1,680/85, 1,700.00, and higher. The current price action may seem like testing too much patience for traders, but the breakout results shall be equally rewarding. Persistence remains key here. It is recommended to utilize all dips as buying opportunities from here on.

Trading recommendations:

Remain long, stop is at 1,550.00, and target is open.

Good Luck!

Ringkasan
Urgensi
Analitik
InstaForex Analyst
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 $6000 lebih banyak!
    Pada Desember kami mengundi $6000 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