Maradok 
Kereskedési feltételek
Products
Eszkozok
Gold price is making new lows. Trend remains bearish and there is no sign of a reversal. I believe Gold is oversold at the urrent levels and traders should not look at the bearish side but be bullish at current levels. I believe Gold is a fantastic buying opportunity below $1,280.
Red line -long-term resistance
Green line - long-term support
Gold price on a weekly basis is making lower lows and lower highs. Price is inside the Ichimoku cloud area making trend neutral in cloud terms. As long as price is above the green trend line support I remain bullish considering this pull back a great buying opportunity. Weekly support is at $1,243. Resistance is at $1,277 at the upper cloud boundary and next at $1,310. A break above $1,310 will open the way for a move towards $1,360 and 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.
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.
