empty
 
 
29.06.2015 10:28 AM
Gold technical analysis for June 29, 2015

Gold price bounced strongly towards $1,190 as expected due to the recent events regarding the Greek referendum. The price reached the resistance levels I expected and should reverse lower. My longer-term view remains bearish.

This image is no longer relevant

Blue lines - triangle

Gold price remains inside the triangle pattern and inside the trading range of $1,230-$1,150. Gold price opened with a gap up towards the cloud resistance as we expected last week. Gold price reverses lower after testing resistance. Short-term resistance is seen at $1,190 now and support is at $1,168.

This image is no longer relevant

Weekly chart remains bearish. The price remains below cloud resistance and below tenkan- and kijun-sen. Critical support is at $1,150 and important resistance is seen at $1,200-$1,210. The trend is mostly sideways for the last two months and I believe that we will eventually see a break lower.
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 $5000 lebih banyak!
    Pada November kami mengundi $5000 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