Condiciones de negociación
Products
Herramientas
Technical outlook and chart setups:
A daily chart view has been depicted here for entire wave structure view. Please note that 1,520/21 levels remain trend defining support levels. A break below would bring a paradigm shift in our projected trends. For now, the yellow metal is retracing gains from last week’s rally between 1,539/40 and 1,595/95 levels. Prices have tested the 0.786 Fibonacci support till now and are expected to reverse from here, 1,545/50 levels. Watch out for a bullish reversal signal on the hourly chart and build fresh long positions from here on. Furthermore, it is recommended to hold existing positions taken last week. Immediate support is 1,539/40 levels, while major support lies at 1,520/21 levels. Resistance is spread across 1,620.00 levels, followed by 1,650/60, 1,680/90 and higher up. Bottom line: Look higher from here, till prices stay above 1,520.00.
Trading recommendations:
Hold long positions, stop is at 1,520.00, target is open for the long term.
Good luck!
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.