empty
 
 
13.10.2022 02:40 PM
Gold cloud rejection after CPI announcement.

This image is no longer relevant

Gold price is trading around $1,660. Price was inside the Kumo (cloud) when the US CPI numbers were announced. Higher than anticipated inflation has lead the market prices to get rejected with increased chances of breaking to fresh new lows relative to the previous days. Gold price remains vulnerable to more downside. Price is trading below the tenkan-sen (Red line indicator) and below the Kumo. Trend remains bearish. Price is about to break below the recent low of $1,660. Gold is vulnerable to a move towards $1,640 and lower. Resistance is at $1,672 and the lower cloud boundary. Bulls need to push price back inside the cloud in order to change trend to neutral. Until then we remain bearish.

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 $9000 more!
    In May we raffle $9000 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