empty
 
 
24.01.2014 02:51 PM
GOLD analysis for January 24, 2014

This image is no longer relevant

Overview:

Since our last analysis, gold has been trading upwards, as we expected, the price tested the level of 1,272.52 on high volume. We can observe rejection on the high volume from our FR 61.8 % at 1,230.00 which caused an upward movement. Since the price has broken in the background the level of 1,260.00 (our first target level) ,we may expect testing of major FE 100 % at 1,279.00-1,295.00. I placed submajor Fibonacci Expansion and i got submajor FE 100 % at price 1.274.00. Do not forget, gold is in bearish trend and we are now in bullish corrective phase. Selling gold at this stage looks risky since gold is in progress of bullish corrective phase,and we saw strong demand on the background. Watch for buying opportunities on the dips.

Daily pivot Fibonacci points:

Resistance levels:

R1: 1,266.06

R2: 1,274.08

R3: 1,287.07

Support levels:

S1: 1,240.08

S2: 1,232.06

S3: 1,219.07

Trading recommendation: Trading the metal, be careful with selling gold and try to catch bullish corrective phase.

Ringkasan
Urgensi
Analitik
Petar Jacimovic
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