empty
 
 
07.12.2015 09:29 AM
Technical analysis of Gold for December 07, 2015

This image is no longer relevant

Technical outlook and chart setups:

Gold has rallied through $1,046 (lows of last week), and $1,090.00. The metal is trading around the level of $1,086.00 at the moment looking for a push through one more high at around $1,100.00 before pulling back again. Immediate support is seen at $1,082.00, while resistance is seen at the level $1,100.00 and higher respectively. It is recommended to remain flat looking for a bearish reaction around the level of $1,100.00. Please note that $1,100.00 is also the Fibonacci 0.382 resistance of the entire drop from $1,190.00 to $1,146.00.

Trading recommendations:

Remain flat now.

Good luck!

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