empty
 
 
22.05.2014 10:59 AM
Gold technical analysis for May 22, 2014

Gold price has not made any real movement the last few sessions. Gold price continues to trade within the tightening range of the triangle. The triangle boundaries are at $1,287 and at $1,304. Gold price has a very low volatility for some time now and I expect this to end soon. I expect Gold price volatility to rise and Gold price to make a break out.

This image is no longer relevant

Gold price as shown in the chart above is inside the triangle and soon there will be no room left in the triangle to make the up and down moves it has been making. Soon we should expect a break out above or below the triangle boundaries. I prefer to be neutral and take action once a break out occurs.

This image is no longer relevant

I prefer to go short if Gold price breaks below $1,280 and I prefer to go long if price breaks above $1,310. Until I see such a break out I will stay neutral.

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 $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