empty
 
 
12.02.2014 04:30 AM
Technical analysis of Gold for February 12, 2014.

This image is no longer relevant

Technical outlook and chart setups:

1. Gold has been making higher highs and higher lows for now and has taken out resistance at $1,294.00. A meaningful pullback is awaited to enter long positions. The expected level is between $1,20.00 and $1,230.00. Flat for now.

2. Immediate support is at $1,230.00, followed by $1,220.00/10.00 and lower, while resistance is now at $1,330.00 and higher respectively.

3. The structure reveals that a bottom formation might be complete at $1,182.00. Furthermore, the channel line resistance has also been broken and prices are in the buy zone. Buying on dips is a recommended strategy.

Trading recommendations:

Flat for now. Looking to buy lower around $1,220.00/30.00.

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 $1000 lebih lagi!
    Dalam Jun 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