empty
 
 
10.03.2014 04:03 AM
Technical analysis of Gold for March 10, 2014.

This image is no longer relevant

Technical outlook and chart setups:

1. Gold has backed off again from $1,352.00 levels ahead of $1,361.00. It is quite possible that a top has been formed and the move will be lower from here. It is therefore recommended to remain short, risk remains at $1,359.50.

2. Immediate resistance is at $1,361.00 followed by $1,375.00 and higher up, while supports are spread through $1,320.00 followed by $1,270.00/80.00, $1,220.00/30.00 and lower, respectively.

3. The structure indicates that a lower top has been formed at $1,355.00 level and the next big move will be lower from here. A break below $1,320.00 is required to confirm further possibilities lower. Please note that the resistance turned support line is passing through $1,210.00 region now.

Trading recommendations:

Remain short now, stop at $1,359.00, 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