empty
 
 
31.03.2020 01:40 PM
Analysis for Gold 03.31.2020 - Watch for the prrice action around the our main pivot at the price of $1.588 to confirm further direction

Corona virus news:

This image is no longer relevant

US cases almost double China's as deaths top 3,000

The US has suffered its deadliest day so far during the coronavirus pandemic, with the death toll passing 3,000 and the number of confirmed cases almost double those in China, where the disease first emerged. New York is the centre of the country's outbreak, but governor Andrew Cuomo warned on Monday that his state's experience was only a harbinger of what was to come across the US. "There is no American that is immune," he said.

Cruise ships. The US Navy hospital ship Comfort was welcomed in New York on Monday. But in Florida, governor Ron DeSantis has refused to admit two Covid-19-stricken cruise ships, carrying hundreds of vulnerable elderly passengers.

Liberty University. One student has tested positive for the virus and almost a dozen are exhibiting symptoms after Jerry Falwell Jr, the president of Virginia's Christian, conservative Liberty University, defied the lockdown to reopen its campus.Technical analysis:

Gold has been trading downwards. The price tested the level of $1.595. The level of $1.588 will be very important pivot level for the further development on the Gold.My recommendation will be to carefully watch the price action around $1.588.

Eventual downside breakout of the $1.588 may confirm test of $1.565, $1.547 or even $1.454

The rejection of the area around $1.588 may confirm further upside continuation and eventual test of $1.642.

Stochastic oscillator is showing negative bias with no fresh new bull cross.

Resistance level is set at $1.642.

Support levels are set at the price $1.565, $1.547 and $1.454

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Abril, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback