empty
 
 
20.01.2017 09:57 AM
Technical analysis of gold for January 20, 2017

Gold price so far has made a shallow correction as low as $1,194 where prices reached the 4-hour Ichimoku cloud support and bounced back above $1,200. Gold price could see $1,210-15 today but bulls need to be very cautious as a break below $1,194 will open the way for a push towards $1,180-70.

This image is no longer relevant

Red lines - bullish channel

Gold price has broken out and below the bullish channel implying that Gold is in a corrective phase. This correction could push Gold price even towards $1,160 and still hold our bullish long-term scenario valid. Cloud support is at $1,194. If broken Gold price should move towards $1,180. Resistance is at $1,220.

This image is no longer relevant

Gold price is testing daily cloud resistance. Price is trying to break inside the daily cloud. Price pulled back yesterday but the daily tenkan-sen (red line indicator) supported price. The oscillators are near overbought area but there is no divergence on the daily chart. Daily kijun-sen (yellow line indicator) is found at our important support of $1,160. Pull backs are to be bought. I do not expect Gold to make new lows below $1,122.
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