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

23.12.202416:20 Forex Analysis & Reviews: Trading Signals for GOLD (XAU/USD) for December 23-25, 2024: sell below $2,623 (21 SMA - 3/8 Murray)

Rilevanza fino a 09:00 UTC--5

Exchange Rates 23.12.2024 analysis

Early in the American session, gold is trading around 2,617, above the 21SMA, and below the downtrend channel forming since December 11. If gold consolidates above 2,625 in the next few hours, the outlook could be positive and we could expect the price to reach 2,656.

On the contrary, in case gold falls below 2,617 and consolidates below 2,614, we could expect a further bearish movement. Thus, the metal could reach 2,578 and could even cover the gap it left around 2,562.

The key level to pay attention to is 2,617. Above this area, gold is expected to continue strengthening but below we could expect a bearish phase.

Technically gold is within a downtrend channel, showing oversold signals on the H4 chart. A consolidation above 2,630 could encourage a bullish momentum that could push the price up to the psychological level of 2,700

The eagle indicator is showing an oversold signal, so we believe that we could expect a recovery in gold in the next few days.

*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.