empty
 
 
fr
Assistance
Ouverture rapide de compte
Plateforme de trading
Déposer / Retirer

13.09.202207:51 Forex Analysis & Reviews: Elliott wave analysis of Gold for September 13, 2022

Exchange Rates 13.09.2022 analysis

Gold has done much to prove a corrective low is in place. We need a break above minor resistance at 1,746 to confirm gold has bottomed and a new impulsive rally is ready to unfold. The first target would be seen near 1,809, while the long-term target is seen at 2,400 and ideally closer to 2,700.

However, for now, gold needs to prove itself and break above minor resistance at 1,746 as the first indication that a bottom is in place and a new impulsive rally is building.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Torben Melsted,
Analytical expert of InstaSpot
© 2007-2024
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Can't speak right now?
Ask your question in the chat.