empty
 
 
in
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी

26.09.202414:55 विदेशी मुद्रा विश्लेषण और समीक्षा: Trading Signals for GOLD (XAU/USD) for September 26-29, 2024: sell below $2,684 (correction - 21 SMA)

Relevance up to 08:00 UTC--4

Exchange Rates 26.09.2024 analysis

Early in the American session, Gold (XAU/USD) is trading around 2,679.26, within the uptrend channel and close to the historical highs reached about 2,685. A correction from these levels is imminent.

Technically, gold is overbought. Thus, a strong technical correction is expected to occur in the next few hours, with targets at 6/8 Murray and, if bearish force prevails, at 21 SMA located at 2,647.

On the other hand, if the metal continues to rise, we should expect it to consolidate above 2,685. Then, we could reach the top of the bullish trend channel around 2,706.

The key for the next few hours is to sell XAU/USD as the price could fall and make a strong technical correction. Since September 19, the chart has been showing a bearish divergence.

Our trading plan for the next few hours is to sell gold below 2,684 with targets at 2,670 and 2,656. If this last support is broken, the price of gold could reach 2,647 as the final target.

*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.