Stay 
Trading Conditions
Products
Tools
Gold price is trading just above $1,900, in a positive near term momentum for a third straight day. In Ichimoku cloud terms in the Daily chart, trend remains bearish as price remains below the Daily Kumo (cloud). In the daily chart price is now challenging the tenkan-sen (red line indicator) resistance. If price breaks above $1,905, we could see a continuation of this bounce towards the kijun-sen (yellow line indicator) that provides resistance at $1,935. The kijun-sen is now where the lower cloud boundary is found. As long as we trade below the cloud, trend remains bearish. However it is highly probable to see price bounce and back test the cloud from below. The Chikou span (black line indicator) remains below th candlestick pattern (bearish), but is turning upwards following the price. As long as Gold holds above $1,890, there are increased chances of a bounce higher.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
