empty
 
 
25.03.2015 09:20 AM
Gold technical analysis for March 25, 2015

Gold price is trading below $1,200 and I believe we have completed a 5-wave upward sequence and we should soon see a pullback towards $1,175 at least. A short-term trend remains bullish but we should note we are in a bigger upward bounce inside the still bearish longer-term trend.

This image is no longer relevant

Gold price has been trading above the Ichimoku cloud after making an upward impulsive move from $1,143. This upward impulsive move I believe is the first part of an upward correction that could eventually push Gold price towards $1.200-$1,215. But first we should see Gold price pull back towards at least the 38% retracement.

This image is no longer relevant

On the weekly chart as shown above, Gold price has not even reached the 38% retracement of the decline from $1,304. Gold price is expected to reach at least the 38% retracement in order to complete the upward bounce before resuming the longer-term bearish trend to new lows.

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