Trading Conditions
Products
Tools
Overview
The gold price shows some slight bearish bias after approaching the bullish channel's resistance, affected by stochastic negativity. Meanwhile, the EMA50 keeps supporting the price, and as long as the price is above 1,295.37, the bullish trend scenario will remain active for today and the price is likely to head towards 1,350.00 as the next main station. On the other hand, we should note that a break of 1,295.37 will stop the expected rise and make the price decline towards areas that start at 1,249.94 before any new attempt to rise. The expected trading range for today is between the 1,300.00 support and the 1,350.00 resistance.
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.
We may place cookies for analysis of our visitor data, to improve our website and measure advertising performance. Overall this data is used to provide a better website experience. More information
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.