Facts:

• GOLD price bounced off the mid-term support at 4202.70
• Main trend remains upward ftom 21 of November

Recommendation: 
Trade: Long position on GOLD at market price
Target: 4282, 4305
Stop: 4185

Opinion: The gold market has been trading in an upward move recently. Looking at the technical situation, one can see that the precious metal bounced off the key mid-term support at $4202.70. This support is a result of previous price reactions, as well as the lower limit of 1:1 structure. According to the Overbalance strategy, as long as the price sits above $4202.70, one should expect the price to continue to rise. In addition the price sits above the 100-period moving average. We recommend going short GOLD at market price with two targets: 4282 and 4305. We recommend placing a stop loss order at 4185. Source: xStation5

Octalas AI

الربح

الجميع يسارعون إلى خفض التكاليف. أما نحن، فنسرع نحو تحقيق الأرباح.

ابدأ البيع من خلال تقديم الخدمات

ابدأ الفترة التجريبية

مجانًا لمدة 14 يومًا · لا حاجة لبطاقة ائتمان