Technical analysis:
Gold has been trading upside as I expected and I see potential for the further upside continuation towards the upside references.
Due to the mid-long term upside trend and the short-term upside momentum, I see potential for the further growth towards the upside reference.
Upside objectives are set at the price of $2.047 and $2.078
MACD oscillator is showing bull reading, which is good sign for the upside continuation.
Key support is set at the price of $1.935
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
Gold
has been trading upside
as I expected and I see potential for the further upside continuation
towards the upside references.
Due
to the mid-long term upside trend and the short-term upside momentum,
I see potential for the further growth towards the upside reference.
Upside objectives are
set at the price of $2.047
and $2.078
MACD oscillator
is showing bull reading, which is good sign for the upside
continuation.
Key
support is set at the price of $1.935
The material has been provided by InstaForex Company – www.instaforex.com
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