InstaForex - Analytics

    InstaForex

    694.50 6.50/10
    61% of positive reviews
    Real

    Daily analysis of GOLD for March 22, 2016 2016-03-22

    GOLDDaily.png

    Show full picture

    Overview

    According to the shown H4 chart, the gold price is likely to visit the 1,300.00 barrier as the next main station. A break of the 1,227.40 level will put the price under bearish correctional pressure again and make it head towards 1,193.00, which represents 38.2% Fibonacci for the upside track measured from 1,047.60 to 1,282.90. The expected trading range for today is between 1,230.00 support and 1,270.00 resistance.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree