empty
 
 
rs
Podrška
Trenutno otvaranje računa
Trgovačka platforma
Depozit/Povlačenje

19.12.202415:09 Forex Analysis & Reviews: Trading Signals for GOLD (XAU//USD) for December 19-21, 2024: sell below $2,617 (3/8 Murray - GAP)

Relevance up to 08:00 UTC--5

Exchange Rates 19.12.2024 analysis

Early in the American session, gold is trading around 2,613 within the downtrend channel forming since December 9th after having reached a high at 2,724.

Yesterday during the Asian session, gold fell towards a low of 2,582. Since then, we have observed a strong recovery, but it is showing signs of exhaustion. Thus, it is likely that gold could resume its bearish cycle in the next few hours.

Gold left a gap at about 2,562. The odds are that in case it consolidates below 3/8 of Murray, we could expect the price to reach 2,578. It could even reach 1/8 of Murray at 2,539.

The outlook remains negative for gold as long as it trades within the downtrend channel. The instrument is expected to cover the GAP (2,562) in the short term and even reach the psychological level of $2,500.

On the other hand, with a consolidation at the break of the downtrend channel and a consolidation above the 21 SMA located at 2,637, gold could resume the bullish cycle and return to 6/8 Murray levels at about 2,634.

The Eagle indicator is showing a negative signal. So, any technical bounce below 2,640 will be seen as an opportunity to sell with the target at 2,540.

*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2024
Iskoristite preporuke analitičara upravo sada
Dopunite trgovački račun
Otvori trgovački račun

Uz InstaSpot-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaSpot-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.

Ne možete da razgovarate sada?
Postavite pitanje kroz ćaskanje.