Condizioni di trading
Strumenti
Overview:
Since our last analysis, gold has been trading downwards. As we expected, the price tested the level of 1,268.07 in a very high volume according to the 4H time frame. Our Fibonacci expansion 61.8% at the price of 1,284.00 is broken. So, we may see potential testing the level of 1,258.00 (Fibonacci expansion 100%). Our Fibonacci retracement 38.2% at the price of 1,292.00 held successful, which caused price to continues with downward movement. According to the 4H time frame, we can observe strong supply, which is a sign that buying looks risky. Watch for potentaial selling opportunities after retracement.
Daily pivot Fibonacci points:
Resistance levels:
R1: 1,289.98
R2: 1,291.16
R3: 1,293.07
Support levels:
S1: 1,286.16
S2: 1,284.98
S3: 1,283.07
Trading recommendations: Buying Gold looks risky since the price has broken the support level.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.