empty
 
 
24.01.2013 10:23 AM
Gold pulls back to 1,682/83. Another long opportunity

This image is no longer relevant

Technical outlook and chart setups:

As shown on the 4H chart view here, the prices have just pierced the line of support printing intraday lows at 1,682/83 levels. This may not be a line break yet and a daily chart confirmation would be required to conclude further bearish scenario in the yellow metal. Supports are spread across 1,660/65 levels, through 1,650.00, and 1,630.00; while resistance begin from 1,710/15, followed by 1,725/30, and 1,750.00 respectively. A bullish bounce is expected from the current levels (1,682/83) and it is recommended to build further long positions from here.

Trading recommendations:

Hold long positions and build further long at current price (1,682/83), stop is at 1,630.00, and target is open. Please book partial profits higher up to 1,725/30 levels.

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