empty
 
 
04.05.2020 01:31 PM
Analysis for Gold 05.04.2020 - First target reached at the price of $1.693 but still strong momentum and potential for test of the second target at $1.716

Corona virus summary:

This image is no longer relevant

US officials believe China hid virus's severity to hoard medical supplies. An intelligence report by US Department of Homeland Security, obtained by AP, claims China covered up the extent of the coronavirus outbreak and how contagious the disease is to stock up on medical supplies needed to respond to it. The report follows claims by US defence secretary Mark Esper that Russia and China are taking advantage of the coronavirus emergency to put their interests forward in Europe.

Technical analysis:

Trading recommendation:

Watch for buying opportunities on the Gold on the dips using the intraday frames like 15/30 minutes. The next upward targets are set at the price of $1,716, $1,715 and $1,735.

Stochastic is showing that bullish cycle is present with no indication for any reversal yet...

Resistance levels are set at the price of 1,716, $1,715 and $1,735.

Support levelsare set at $1,704 and $1,691

Petar Jacimovic,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
Petar Jacimovic
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $6000 mais!
    Em Dezembro nós sorteamos $6000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback