empty
 
 
08.08.2019 02:38 PM
Gold 08.08.2019 - Consolidation before the new wave up

Daily view:

This image is no longer relevant

Based on the daily time-frame, I found that today GC is so far trading sideways at the price of $1.497, which is normal after the trend day like yesterday. Anyway, the underlying trend is bullish and I would watch only for long positions. Daily candles are closing above the upper Bollinger band, which is another confirmation of the big up trend.

Important levels to watch based on daily view:

Resistance levels:

$1.500.00

$1.520.00

Support levels:

$1.472.00

$1.454.00

4H time-frame view:

This image is no longer relevant

Based on the 4H time-frame, I found new momentum up on the MACD oscillator, which is sign of the underlying bullish pressure. I also found consistency in the price action towards the level of $15.200. My advice is to watch only for buying positions on the dips due to very strong upward momentum.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $5000 lebih lagi!
    Dalam November kami membuat cabutan bertuah $5000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget