empty
 
 
31.03.2020 01:40 PM
Analysis for Gold 03.31.2020 - Watch for the prrice action around the our main pivot at the price of $1.588 to confirm further direction

Corona virus news:

This image is no longer relevant

US cases almost double China's as deaths top 3,000

The US has suffered its deadliest day so far during the coronavirus pandemic, with the death toll passing 3,000 and the number of confirmed cases almost double those in China, where the disease first emerged. New York is the centre of the country's outbreak, but governor Andrew Cuomo warned on Monday that his state's experience was only a harbinger of what was to come across the US. "There is no American that is immune," he said.

Cruise ships. The US Navy hospital ship Comfort was welcomed in New York on Monday. But in Florida, governor Ron DeSantis has refused to admit two Covid-19-stricken cruise ships, carrying hundreds of vulnerable elderly passengers.

Liberty University. One student has tested positive for the virus and almost a dozen are exhibiting symptoms after Jerry Falwell Jr, the president of Virginia's Christian, conservative Liberty University, defied the lockdown to reopen its campus.Technical analysis:

Gold has been trading downwards. The price tested the level of $1.595. The level of $1.588 will be very important pivot level for the further development on the Gold.My recommendation will be to carefully watch the price action around $1.588.

Eventual downside breakout of the $1.588 may confirm test of $1.565, $1.547 or even $1.454

The rejection of the area around $1.588 may confirm further upside continuation and eventual test of $1.642.

Stochastic oscillator is showing negative bias with no fresh new bull cross.

Resistance level is set at $1.642.

Support levels are set at the price $1.565, $1.547 and $1.454

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