empty
 
 
13.11.2012 01:14 PM
Gold Targeting Higher From Here. Retracement May Be Complete

This image is no longer relevant

Technical Outlook and Chart Setups:

Structurally, the yellow metal remains bullish. As expected and discussed yesterday, the metal has retraced about 1,720.00 level before pulling back. It is recommended to start building long positions from these levels in addition to the long positions taken earlier. It is still possible that the correction may continue till about 1,700.00 level, so buying could be planned accordingly. Intermediary support stands at 1,700.00 region and extends through the 1,675 region; while resistance is spread through 1,760/65, 1,780, and 1,795. Looking higher from here on.

Trading Recommendations:

Hold on to earlier long positions, take fresh long positions on dips till 1,700.00, stop at 1,680.00, and target open.

Good Luck!

Ringkasan
Segera
Analitic
InstaForex Analyst
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