Ons team heeft meer dan 7,000,000 handelaren!
Elke dag werken we samen om de handel te verbeteren. We behalen hoge resultaten en gaan verder.
Erkenning door miljoenen handelaren over de hele wereld is de beste waardering voor ons werk! U heeft uw keuze gemaakt en wij zullen er alles aan doen om aan uw verwachtingen te voldoen!
Wij zijn samen een geweldig team!
InstaSpot. Trots om voor je te werken!
Acteur, UFC 6-toernooikampioen en een echte held!
De man die zichzelf heeft gemaakt. De man die onze kant op gaat.
Het geheim achter het succes van Taktarov is een constante beweging naar het doel.
Onthul alle kanten van je talent!
Ontdekken, proberen, falen - maar nooit stoppen!
InstaSpot. Je succesverhaal begint hier!
Gold is trading around $4,031 after pulling back from a high of about $4,103—a level that coincided with the upper band of the downtrend channel. Since then, according to the H4 chart, we have observed a technical correction.
Looking at the Fibonacci indicator, we see that gold has pulled back toward the 61.8% level. Therefore, we would expect that gold will resume its uptrend above $4,030 or the psychological level of $4,000. If this scenario plays out, XAU could reach $4,069, near the 21-period simple moving average (SMA), and ultimately reach the upper band of the uptrend channel at about $4,195.
If gold falls below the 61.8% Fibonacci level, the downtrend is expected to continue, potentially reaching the July 13 low, around $3,983.
Since gold has not yet fully recovered and has left a gap at $4,121, the uptrend will likely continue in the coming days, so we could look for buying opportunities above $4,000.
A decisive break above the downtrend channel could present an opportunity to buy gold if it consolidates above $4,080. In that case, XAU could close the gap left around $4,121 and, ultimately, reach the 200-day moving average around $4,202.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
