27.03.202316:43 Forex-elemzések és áttekintések: Trading Signal for GOLD (XAU/USD) for March 27 - 28, 2023: buy above $1,944 (6/8 Murray - strong support)

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.

Early in the American session, Gold (XAU/USD) is trading around 1,952.26, above the 200 EMA, and below the 21 SMA located at 1,973. Since the opening of this trading week, gold has made a strong technical correction from the level of 1,979.38 towards 1,950. So, it has depreciated by almost $30.

According to the 1-hour chart, we can see that gold has found strong support around 1,944. In the past week, this level has turned out to be a key area of resistance and could now serve as a bottom, which could give the price a technical bounce and it could reach 1,968 (7/8 Murray) and finally the 21 SMA at 1,973.

Gold's average daily volatility is around 600 pips between rises and falls, which could indicate that the market is still nervous and investors are likely to continue to take refuge in gold.

If gold consolidates above 1,950 (200 EMA) in the next few hours, we could expect a rally and the metal could reach 1,968 and 1,973.

On the contrary, in case gold closes below 1,937, the scenario could change and the metal could resume a bearish trend and could reach 5/8 Murray located at 1,906 and finally reach the psychological level of 1,900.

The key will be to watch the 1,937 (6/8 Murray) and the 1,944 level, an area of strong support which could offer a technical bounce and an opportunity to resume buying. The eagle indicator is reaching the oversold zone and it is likely that any pullback has been seen as a signal to buy.

Back to the list

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.