empty
 
 
24.12.2018 08:50 AM
Technical analysis for Gold for December 24, 2018

Gold price has made a new higher maximum. However, there are some bearish divergence signs on the H4 chart that provide a warning for bulls. The price has stopped at the 50% Fibonacci retracement of the decline from $1,365. We must keep an eye on the RSI resistance trend line to find a clue for a rejection or an upside.

This image is no longer relevant

Blue line - short-term trend line support

Yellow line - bearish RSI divergence

Green line - major trend line support

Gold price continues to make higher highs and higher lows. The RSI is diverging on the H4 chart. A break above the yellow trend line resistance of the RSI would be a sign of strength and I would not go against it. A rejection at the current levels and a break below the short-term support at $1,253 would open a way for a pullback towards the short-term trend line support near $1,240.

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada April kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback