empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

26.09.202414:55 Forex Analysis & Reviews: Trading Signals for GOLD (XAU/USD) for September 26-29, 2024: sell below $2,684 (correction - 21 SMA)

Rilevanza fino a 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.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2024
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.