empty
 
 
22.10.2014 07:40 AM
Technical analysis of Gold for October 22, 2014

This image is no longer relevant

Technical outlook and chart setups:

Gold has hit a new intraday high at $1,255.00 levels yesterday, before pulling back. Please note that $1,255.00 region is seen to be converging with past support turned resistance, and the fibonacci 0.382 resistance of the downswing between $1,344.00 and $1,184.00 respectively. High probability for the metal is to turn lower from current levels, at least towards $1,210.00 if not further. It is recommended to initiate short positions, risk remains above $1,255.00. Support is seen at $1,210.00, followed by $1,184.00 while resistance is seen at $1,255.00 (interim), followed by $1,275.00 and higher up respectively.

Trading recommendations:

Initiate short positions, stop at $1,260.00, the target is $1,210.00 minimum.

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