empty
 
 
19.07.2022 04:05 PM
Analysis of Gold for July 19,.2022 - Watch for the breakout of the symmetrical triangle pattern

Technical analysis:

This image is no longer relevant

Gold has been trading sideways at the price of $1.711, I see potential for the breakout of the symmetrical triangle pattern.

Trading recommendation:

Due to the confluence and the symmetrical triangle in the background, I see potential for the breakout play.

Watch for the potential breakout of the rising trend-line to confirm further downside movement.

Downside objectives are set at the price of $1.697 and $1.681.

Stochastic is showing overbought condition and potential for the downside rotation.

Key resistance is set at the price of $1.721

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback