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

28.09.202314:53 Forex Analysis & Reviews: Weekly Ichimoku cloud indicator analysis on Gold for the last week of September 2023.

Exchange Rates 28.09.2023 analysis

Gold price is making new lows relative to August. Short-term trend remains bearish as we explained in previous posts. Today we take a look at the weekly chart with the use of the Ichimoku cloud indicator. The Chikou span (black line indicator) has just crossed below the candlestick pattern (bearish). Price is trading below both the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). However price remains above the Weekly Kumo (cloud). Support by the weekly cloud is found at $1,860. In our previous analysis we noted that we expect Gold price to form a bottom around this area. Using the Ichimoku cloud indicator we confirm the presence of support area around $1,850-60. Gold price remains vulnerable to the downside and bulls do not want to see price enter the Kumo. This will change weekly trend to neutral. Bulls want to see price bounce off the cloud support by forming a higher low and then take out the resistance around $1,925.

*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.