empty
 
 
in
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी

12.12.202310:13 विदेशी मुद्रा विश्लेषण और समीक्षा: Analysis of Gold for December 12, 2023 - Potential for the further drop

Technical analysis:

Exchange Rates 12.12.2023 analysis

Gold has been trading downside in the background and I see potential for the further drop due to the downside momentum and the short-term downside condiiton.

Potential bear flag is in creation and I also found negative reversal on RSI oscillator, which is another good confirmation for the further downside movement.

Downside objective is set at the price of $1.965

RSI oscillator is showing negative reversal and the reading just above the 40 mark, whic is sign that we have downside pressure and trend.

Intraday resistance is set at the price of $1.991

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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.

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.