empty
 
 
27.10.2016 08:47 AM
Technical analysis of gold for October 27, 2016

Gold price pulled back towards short-term support of $1,262 yesterday but still remains above support and above recent low at $1,260. I expect Gold price to push upwards from the current levels towards $1,280-$1,300.

This image is no longer relevant

Gold price has pulled back towards the Ichimoku cloud on the 4-hour chart. Resistance is found at $1,268-70. Support is at $1,265-60. Gold price is expected to push higher. If support fails then we could see another test at the important $1,250 support.

This image is no longer relevant

Gold price remains above the daily tenkan-sen support (red line indicator) and I expect it to reach the kijun-sen resistance (yellow line indicator). Only a break above the kijun-sen will push it higher towards $1,320-25 where the daily cloud resistance is found. A break below $1,250 will open the way for a push towards $1,220.
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback