empty
 
 
03.10.2024 05:07 PM
Trading Signals for GOLD (XAU/USD) for October 3-5, 2024: buy above $2,641 (21 SMA - 2/8 Murray)

This image is no longer relevant

Early in the American session, gold (XAU/USD) is trading around 2,649, near the 21 SMA area, and below the downtrend channel forming on the H4 chart since September 24. So, we notice that gold maintains bullish momentum.

Gold is also trading within the bullish trend channel forming since September 10 and is likely to continue its upward movement in the coming days if the price consolidates above 2,650.

Gold left a gap at about 2,663.39, opening on Monday. Pn the 5M chart, we see that gold has not covered this gap. Therefore, the metal is likely to have a strong bullish move in the coming days. The price could break 2,670 and could even reach 3/8 Murray at 2,734.

On the other hand, a consolidation below 2,640 on H4 chart and a break below the low of 2,625 could change the outlook for gold and it could reach the psychological level of 2,600. Finally, if the price breaks the bottom of the downtrend channel, it could reach the 200 EMA around 2,570.

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 $1000 lebih lagi!
    Dalam Oktober kami membuat cabutan bertuah $1000 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