empty
 
 
24.09.2013 10:09 AM
Gold showing signs of rally into 1,400 again

This image is no longer relevant

Technical outlook and chart setups:

The yellow metal looks to be preparing for a wave 3 rally into 1,400s again before the next move could be determined. It is recommended to remain long for now with risk below 1,270.00 level. Intermediary resistance is at 1,440.00 level, while support is at 1,270.00 respectively. A straight fall from current levels (1,320/30), breaking down 1,270.00 would prove extremely bearish and turn our trade strategy to selling rallies. At the moment, the possibility of a wave 3 rally (at least), cannot be ruled out. The rally could be extending itself into 1,405/10 levels before the next action could be determined.

Trading recommendations:

Remain long, add further now, stop is below 1,270.00, and target is at 1,400/10.

Good luck!

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2026
Summary
Urgency
Analytic
InstaForex Analyst
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 $10000 mais!
    Em Janeiro nós sorteamos $10000 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