empty
 
 
24.03.2014 02:37 PM
Technical analysis of Gold for March 24, 2014.
This image is no longer relevant

Technical outlook and chart setups:

1. An 8H chart view says that Gold is still probing the immediate line of support around $1,320.00/25.00 mark at the moment. A bullish reaction here would confirm that bulls remain in control and rally continues towards at least $1,370.00/80.00. It is recommended to remain flat for now and look to sell higher.

2. The immediate resistance zone is at $1.370.00/80.00 mark, followed by $1,388.00 while supports are now at $1,310.00, followed by $1,230/40 and lower respectively.

3. The structure reveals that a trend line break now, would confirm further bearishness towards $1,310.00 i the near term. Whatever the case, $1,250.00/60.00 remains optimum buy.

Trading recommendations:

Flat for now.

Good luck!


Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $3000 lebih banyak!
    Pada September kami mengundi $3000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback