empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

22.06.202207:03 Forex Analysis & Reviews: Gold: Beware of this weekly support.

Exchange Rates 22.06.2022 analysis

Red line -weekly support trend line

Gold price is trading below $1,830 above $1,800. Price remains under pressure but continues to trade above the weekly support trend line that comes from March of 2021 lows. As long as this is the case bulls have hopes for another move higher toward $1,900. Key short-term resistance is at $1,850-60. Weekly support trend line is found at $1,797-$1,800. Bulls need to defend this level. A break below this support will be a bearish sign and will increase dramatically the chances for a move below March 2021 lows. Gold price is making lower lows and lower highs since March of 2022. Bears are in control of the medium-term trend. For this to change, bulls will need to break above $1,878. At current market conditions, anyone wanting open new bullish positions, should use $1,800-$1,790 as a stop level. Bears should be patient and wait for a break to occur first rather than front run the market. Price is above critical support and shorting now is not wise.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.