empty
 
 
25.02.2020 04:24 PM
Gold 02.25.2020 - PBig sell off and our downwarrd target has been reached at $1.660, potential for further downside movement and test of $1.633-$1.612

This image is no longer relevant

Gold has been trading downwards. As I expected, the Gold tested the level of $1.632 and reached our downward target from yesterday at $14.660. There is still potential for the downside movement and test of the upper parallel trend line at $1.633 and even test of major support at $1.612.

I would watch for selling opportunities on the rallies with the downward targets at $1.633 and $1.612. Only if the Gold breaks the resistance at $1.660, I would watch for buying opportunities towards $1.686

MACD oscillator is showing that slow line turned to the downside, which is another confirmation for the downside rotation.

Resistance level is set at the price of $1.660 and $1.687.

Support levels are set at the price of $1.633 and major at $1.612.
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 $1000 lebih lagi!
    Dalam April kami membuat cabutan bertuah $1000 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 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 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