empty
 
 
Ön épp elhagyja a weblapot
www.instaforex.eu >
a weblap üzemeltetője a(z)
INSTANT TRADING EU LTD
Számlanyitás

25.02.202222:27 Forex-elemzések és áttekintések: Gold in buy zone

Ezeket az információkat marketingkommunikációnk részeként küldjük el lakossági és professzionális ügyfeleink számára. Nem tartalmaznak és nem tekintendők befektetési tanácsnak vagy javaslatnak, sem bármilyen pénzügyi instrumentummal való tranzakcióra vagy kereskedési stratégia használatára irányuló ajánlatnak vagy felkérésnek. A korábbi teljesítmény nem garantálja vagy jósolja meg a jövőbenit. Az Instant Trading EU Ltd. nem képviseli vagy garantálja a szolgáltatott információk pontosságát vagy teljességét, illetve nem felelős bármely, az elemzéseken, előrejelzéseken vagy a Vállalat munkatársa által adott információkon alapuló befektetések esetleges veszteségéért. A teljes felelősségkizárás itt található.

The price of gold plunged in the short term after registering a new higher high of 1,974.48. Still, the retreat could be only a temporary one. The bias remains bullish, so the yellow metal could turn to the upside anytime as long as it stays above the immediate uptrend line.

Today, XAU/USD erased the temporary gains also because the US data came in better than expected. The Core PCE Price Index rose by 0.5% matching expectations, Durable Goods Orders increased by 1.6% versus 1.1% expected, while the Core Durable Goods Orders reported a 0.7% growth versus 0.4% expected. Furthermore, Personal Income, Personal Spending, and the Revised UoM Consumer Sentiment came in better than expected as well.

XAU/USD correction could be over

Exchange Rates 25.02.2022 analysis

As you can see on the H4 chart, XAU/USD found resistance at the 1,959 - 1,965 area. It has dropped in the short term and found strong demand and support on the uptrend line.

In the short term, the price has rebounded, but the bullish momentum was stopped by 1,916. Now, it has slipped lower to retest the uptrend line and eventually the weekly pivot point of 1,881.

XAU/USD outlook

Gold could develop a new leg higher as long as it stays above the uptrend line. Testing and retesting this dynamic support could bring new long opportunities. Also, registering false breakdowns or developing a strong bullish engulfing could announce a new leg higher.

Only a valid breakdown below the uptrend line and below the 1,877 could invalidate a new swing higher and could announce a deeper drop.

Ralph Shedler
Analytical expert of InstaForex
© 2007-2025

Open trading account

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.




Most elhagyja a www.instaforex.eu weblapot, amelyet az Instant Trading EU LTD üzemeltet
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off