23.04.202407:19 Forex Analysis & Reviews: Trading Signals for GOLD (XAU/USD) for April 23-25, 2024: buy above $2,293 (oversold - rebound)

Esta información se proporciona a clientes minoristas y profesionales como parte de comunicación de marketing. No contiene y no debe interpretarse como asesoramiento o recomendación de inversión o una oferta o solicitud para participar en cualquier transacción o estrategia en instrumentos financieros. El desempeño pasado no garantiza o predice el desempeño futuro. Instant Trading EU Ltd. no asume ninguna representación ni responsabilidad sobre la precisión o integridad de la información proporcionada, o cualquier pérdida que surja de cualquier inversión basada en el análisis, pronóstico u otra información proporcionada por un empleado de la Compañía o de otra manera. El descargo de responsabilidad completo está disponible aquí.

Gold is trading around 2,305 under strong bearish pressure and below 5/8 Murray. The metal is likely to continue falling in the coming hours and find good support around 2,266 or even around 4/8 Murray located at 2,250.

Gold is oversold and the eagle indicator is giving a slightly bullish signal, but if bearish pressure prevails and gold breaks below the downtrend channel forming since April 5, it could reach the 200 EMA located at 2,266.

There is a support zone between 2,255 and 2,266. Gold could find a good point for a technical rebound on the condition of a decline and a daily close below 2,290. Then, we could sell with the target at 2,250. Below the psychological level of 2,300, the bearish pressure could intensify or ease above this level.

On the contrary, if gold continues to bounce as seen in the H4 chart and consolidates above 5/8 Murray located at 2,312, we could expect the recovery towards the 21 SMA located at 2,366.

Gold left a gap at around 2,391. Therefore, if it consolidates above 2,360, the outlook could remain bullish and the instrument could reach the psychological level of 2,400 and thus, cover the GAP.

Our trading plan for the next few hours is to look for opportunities to buy above 2,290, with targets at 2,330, 2,266, and finally 2,395. The eagle indicator is giving a positive signal which supports our bullish strategy.

Volver a la lista

Abra una cuenta de operaciones

¡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.