empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

26.07.202416:19 Forex Analysis & Reviews: Trading Signals for GOLD (XAU/USD) for July 26-29, 2024: buy above $ 2,375 (200 EMA - 4/8 Murray)

Exchange Rates 26.07.2024 analysis

Early in the American session, Gold is trading around 2,373, around the 200 EMA, and around 4/8 Murray with a technical bounce.

On the H4 chart, we can see that Gold reached the bottom of the downtrend channel around 2,350. From this level, Gold made a strong technical bounce and is currently showing a positive signal.

We suppose that if it consolidates above 2,375 in the next few hours, the price could continue its rise and reach 2,390 and even the top of the downtrend channel around 2,405.

Gold could resume its bearish cycle if it consolidates below 2,375. Then, it could reach 61.8% Fibonacci level around 2,368 and even 3/8 of Murray at 2,343.

Since the eagle indicator is showing oversold signals, we believe that gold will continue to rise in the next few hours. So, we will look for opportunities to buy above 2,375, with targets at 2,390 and 2,400.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2024
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.