empty
 
 
07.06.2019 10:31 PM
Technical analysis of weekly chart on Gold

Gold price ended the week close to its highest level and to new weekly closing highs, even above February highs. There is very important long-term resistance at $1,350 and it is very worrying the fact that we have bearish divergence signs.

This image is no longer relevant

Blue line - major resistance trend line

Green line - support trend line

Gold price has reached our second target of $1,350-60 area after breaking above $1,288. Gold price has respected the green trend line support and has managed to stay above it. Bulls remain in control of the trend, however we should not ignore the bearish divergence signs in the RSI. Gold price has resistance at $1,350-60 and bulls do not want to see a rejection at current levels. Bulls want to see price break out and above the major resistance trend line. Traders need to be very careful.

Ringkasan
Segera
Analitic
Alexandros Yfantis
Mulakan perdagangan
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $6000 lebih lagi!
    Dalam Diseember kami membuat cabutan bertuah $6000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget