empty
 
 
pt
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

07.05.202106:16 Forex Analysis & Reviews: Elliott wave analysis of Gold for May 7, 2021

Exchange Rates 07.05.2021 analysis

After a short consolidation period gold is on the move higher again towards the resistance-line near 1,870 and a break above here will call for a continuation higher to key-resistance at 1,959 and then resistance at 2,075 as the next upside target on the way towards 2,705.

Support is now seen at 1,799.50 and only a break below here will call for a retest of support at 1,755 before renewed upside pressure towards 1,959.

Trading recommendation:

Buy gold and place you stop at 1,770

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Torben Melsted,
Analytical expert of InstaSpot
© 2007-2024
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

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.

Não pode falar agora?
Faça sua pergunta no chat.