empty
 
 
vi
Hỗ trợ
Mở tài khoản ngay lập tức
Tải nền tảng giao dịch Metatrader
Khởi động WebTrader

31.03.202111:49 Forex Analysis & Reviews: GOLD price analysis for 31 March, 2021

  • Gold managed to find some support near multi-month lows, around the $1,677-76 region.
  • A modest USD pullback, softer tone around the equity markets benefitted the commodity.
  • The upbeat US economic outlook, an uptick in the US bond yields should cap the upside.

Exchange Rates 31.03.2021 analysis

Gold managed to find some support near multi-month lows, around the $1,677-76 region. A modest USD pullback, softer tone around the equity markets benefitted the commodity. The upbeat US economic outlook, an uptick in the US bond yields should cap the upside.

From a technical perspective, gold price tried to test the nine-month low of $1,676 again, but it is returning slightly higher over the last 4-hour session. In the very-short-term, the metal has been in a strongly bearish tendency after the pullback from $1,747.The momentum indicators are confirming the recent upside move, with the stochastic posting a bullish crossover in the oversold territory, within the %K and %D lines.

A jump higher could find immediate resistance at $1,688 ahead of the $1,700 psychological number. Even higher, the yellow metal could hit the psychological round figure mark $1,700. More upside pressure could send the bulls towards the support breakout point around the $1,721.6 barrier.

*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.

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.

Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.