empty
 
 
17.05.2021 03:39 PM
Short-term analysis on Gold for May 17, 2021.

Gold price made a higher high today at $1,854.90. Trend remains bullish as price is still inside the bullish short-term channel and price continues making higher highs and higher lows. Gold price is making new highs but the RSI is not following. We have a bearish divergence warning signal.

This image is no longer relevant

Blue lines - bullish channel

Red lines - bearish divergence

Gold price is showing the first bearish divergence warning signal in the 4 hour chart. Price could pull back towards the lower channel boundary around $1,820. Gold price is vulnerable to a pull back if not a bigger correction. So far there is no confirmation of such a reversal only warning signs. Gold bulls need to be cautious at current levels as the upside momentum is weakening. Traders need to protect their profits by raising stops.

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