Free no deposit Bonus Forex
Thursday, 14.11.2019, 04:29
Welcome Guest | RSS
 
Main RegistrationLogin
Site menu
Login form
Earn 3-10% per
FreshForex bonus
Cripto Invest
Statistics

Total online: 1
Guests: 1
Users: 0
...
Main » 2019 » October » 14 » Gold prices forecast XAUUSD 14.10.2019 Gold prices recovered
10:44
Gold prices forecast XAUUSD 14.10.2019 Gold prices recovered

article34270.jpg

Gold trades on Monday in a green area amid falling investor optimism about the prospects for an early conclusion of a trade agreement between the US and China. Last week, the parties managed to achieve some progress, but the negotiations can not be called a breakthrough, because the key differences remain. We managed to agree only on increasing China's purchases of US agricultural products worth $ 40-50 billion. The two sides also agreed to refrain from imposing duties scheduled for October.

 

welcome bonus forex

 

 

Investors fear the new escalation of the conflict against the background of visa war between the official Beijing and Washington. In the US last week refused to grant visas to a number of Chinese diplomats, who they believe are involved in the violation of the rights of national minorities. Later on the limitation on the issuance of visas for American diplomats said Beijing.

Today in the US celebrated Columbus Day and no important economic data is expected. Therefore, the main impact on the dynamics of movement of gold will continue to provide news and geopolitical situation in the stock market.


On the chart of gold was found in relatively strong price rebound from the level of 1475.00, in which the price has been able to return to the level of 1485.00. It is a good signal towards further development of the upward movement in the direction of levels of 1500.00 and 1510.00.


Levels of resistance XAUUSD: 1500.00, 1510.00, 1525.00;                                                 

Support levels XAUUSD: 1485.00, 1475.00, 1460.00.

The main scenario - an increase in gold prices to 1500.00.

Alternative Scenario - XAUUSD consolidation below 1485.00 and retest the support at 1475.00.


News background on the market can be described as neutral. On XAUUSD chart locally prevail bovine signals. Within days we consider buying gold at lower rate to 1485.00 and below

 

Gold prices forecast  FORTFS

 

 

Views: 19 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Search
Forex Brokers
WELCOME 35USD
Calendar
Entries archive
Our poll
Rate my site
Total of answers: 40
Site friends
  • Create a free website
  • Online Desktop
  • Free Online Games
  • Video Tutorials
  • All HTML Tags
  • Browser Kits
  • Rating
    Copyright Bonus-FX.com © 2019-2012
    Website builderuCoz