empty
 
 
21.10.2020 02:21 PM
GOLD Towards New Highs

This image is no longer relevant

Gold (XAU/USD) has tested and retested the $1,900 level and now it seems determined to resume its upside movement. You can notice that it has escaped from a down channel signaling that the decline is over.

The outlook is bullish as long the price of gold stays above the $1,900 psychological level. A jump above $1,933 will really signal that XAU/USD will continue to increase. The USD's current drop helps gold to grow, so the yellow metal could increase further if the US currency will depreciate versus the other major currencies.

  • GOLD Conclusion & Tips

Stabilizing above $1,918 could bring a buying opportunity on XAU/USD. We'll have a great long signal if the gold price jumps above $1,933 and if reaches $1,940 level. $2,000 psychological level could be used as a first upside target.

The upside scenario could be invalidated only by a potential drop below the $1,880 level.

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 $9000 lebih banyak!
    Pada Mei kami mengundi $9000 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