empty
 
 
11.03.2014 03:06 PM
Technical analysis of Gold for March 11, 2014.

This image is no longer relevant

Technical outlook and chart setups:

1. Gold is unchanged for now and trading within the tight range between $1,330.00 and $1,350.00 at the moment. A range breakout is imminent and should be powerful, with bias on downside favored. It is recommended to initiate fresh short positions around $1,350.00/51.00, and hold earlier shorts as well. Risk remains at $1,359.50.

2. Immediate resistance is at $1,361.00, followed by $1,375.00, while supports are spread through $1,330.00/20.00, followed by $1,280.00, $1,230.00/40.00 and lower respectively.

3. The structure reveals that sideways resistance is at $1,352.00 at the moment. Prices should remain well capped below this level for now. However, a push through $1,354.00 should challenge higher levels.

Trading recommendations:

Remain short for now, stop is at $1,359.50, 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