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Gold price made a high today at $1,789 and is now trading at $1,774. Short-term trend remains bullish. Our first target of $1,788 has been achieved and now we wait to see if this up trend continues towards $1,806.
In the 4 hour chart we see Gold price above the cloud. Trend is bullish as long as price is above the cloud. Above the $1,738 level. Price is moving below the 4 hour tenkan-sen (red line indicator). This is a sign of weakness. A pull back towards the kijun-sen (yellow line indicator) is possible. This support is at $1,756.In the Daily chart price has entered the Kumo. Trend has changed from bearish to neutral. In order for Daily trend to change to bullish, price must break the resistance of the upper cloud boundary at $1,817. Daily support is found at $1,756 and $1,740. Holding these levels will keep bulls with high hopes of breaking above $1,817.*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।