empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

20.05.202207:27 Forex Analysis & Reviews: Elliott wave analysis of Gold for May 20, 2022

Exchange Rates 20.05.2022 analysis

Gold has dipped into the support zone between 1,751 - 1,824 and could have completed the correction in wave (ii) and started the next impulsive rally higher towards the all-time high at 2,070 for a continuation towards 2,400 and ultimately 2,700.

That said, we need to see a break above minor resistance at 1,859 to confirm that a corrective low is in place. As long as minor resistance at 1,859 is able to cap the upside as long can a final dip closer to support at 1,751 not be excluded, but the odds for that outcome are decreasing.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

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.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.