empty
 
 
18.06.2014 11:34 AM
Gold technical analysis for June 18, 2014

The rise from $1,240 to $1,286 in Gold price was retraced by nearly 50% yesterday. This pull back found support at $1,258 as I mentioned yesterday that a pull back towards $1,255-50 was expected.

This image is no longer relevant

Gold price as long as it holds above $1,258, we should expect the upward move to continue towards $1,300 and why not higher. If $1,258 is broken and we see at least a one-hour close below that level, we should anticipate Gold price to challenge $1,240 lows with a potential break towards $1,200-20.

This image is no longer relevant

Our longer-term view remains uchanged. As long as $1,240 is not broken, wave D is complete and we should expect a move towards $1,330-40. If we break support at $1,240 I believe we are going to test support at $1,180.

Alexandros Yfantis,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
Alexandros Yfantis
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