empty
 
 
29.12.2014 02:04 PM
Gold analysis for December 29, 2014

This image is no longer relevant

This image is no longer relevant

Overview :

Since our last analysis, gold has been trading sideways around the price of 1,192.00. We are waiting for a larger activity on the market and stronger price action. Our Fibonacci retracement 61.8% at the price of 1.172.00 has been held successfully, which caused price to start with an upward movement. According to the H4 time frame, we can observe weak supply. My advice is to watch for potential buying opportunities near the lows. According to the daily time frame, we can observe low activity today. I placed Fibonacci retracement to find potential resistance levels and got Fibonacci retracement 38.2% at the price of 1,196.00 (currently on the test) and Fibonacci retracement 61.8% at the price of 1,212.00.

Daily pivot Fibonacci points:

Resistance levels:

R1: 1,195.72

R2: 1,196.28

R3: 1,197.20

Support levels:

S1: 1,193.88

S2: 1,193.32

S3: 1,192.40

Trading recommendations: Watch for potential buying opportunities after retracement (buy on the lows).

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