empty
 
 
27.05.2020 01:14 PM
Trading plan for Gold for May 27, 2020

This image is no longer relevant

Technical outlook:

Gold continues to drift lower since $1,765 highs over last week. The yellow metal is seen to be trading around $1,705/06 levels at this point in writing and is expected to push through $1,702/1,700 before it finds some support. The short-term targets for Gold are pointing towards $1,690 and $1,660 levels respectively. A break below $1,660 will confirm that a meaningful top is in place at $1,765, and that Gold is setting up for a deeper correction. Immediate resistance is seen around $1,740, while support comes in at $1,690 levels respectively. Intraday corrective rallies are possible but they should remain well capped below $1,740 going forward. The medium term targets for Gold remain lower towards $1,550 and $1,450 respectively.

Trading plan:

Remain short with @ $1,765, targeting $1,660 and lower.

Good luck!

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 $8000 lebih lagi!
    Dalam Mac kami membuat cabutan bertuah $8000 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