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

17.04.202614:56 Forex Analysis & Reviews: Trading Signals for GOLD on April 17-20, 2026: buy above $4,790 (21 SMA - 7/8 Murray)

Relevancia 08:00 UTC--4

Exchange Rates 17.04.2026 analysis

Gold is trading around $4,802 within a bearish trend channel on the H1 chart that has been forming since April 14. The chart shows that gold is consolidating above the 200-period EMA at $4,760, suggesting that gold could see a recovery in the coming days, potentially reaching the R_3 resistance level at $4,898.

Looking at the H1 chart, gold is above the 21SMA and is testing the strong resistance of the downtrend channel. Technically, XAU/USD appears to be forming a bullish pennant pattern on the H4 chart. If the price consolidates above $4,800, we could expect it to reach $4,869 and $4,900 in the coming hours.

Conversely, if gold fails to break above $4,800, we could expect a correction toward the 200 EMA at $4,760, and we could anticipate a technical bounce in this area.

The Eagle indicator is showing a positive signal, hence gold is likely to continue rising in the coming hours. Therefore, we will use this technical analysis to buy above the 21 SMA at $4,792 or above $4,760, as both levels offer a positive outlook for gold in the coming hours.

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

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
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.