empty
 
 
05.12.2014 08:06 AM
Technical analysis of Gold for December 05, 2014
This image is no longer relevant

Technical outlook and chart setups:

Gold has been trading around the $1,201.00/1,207.00 region lately. As discussed earlier, the metal could be looking to retrace lower from here before rallying further up.  A drop can be expected into the $1,175.00/80.00 region at least before the rally could resume towards fresh highs. The potential upside targets are $1,237.00 and $1,255.00 respectively. Immediate support is seen at $1,175.00 (fibonacci 0.618 support), followed by $1,142.00, $1,130.00 and lower while resistance is seen at $1,235.00, followed by $1,255.00 and higher up respectively. A rally higher should be favored, after a pullback though.

Trading recommendations:

Remain flat for now. Looking to enter long around $1,175.00/1,180.00.

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