Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

Gold may reach 1282.5 within the current day

March 29, 2019 8:35:00 AM by Alexander Zorevyk
Forecast Details
PairXAUUSD
Direction Sell
StatusClosed (1,292.0)
6:03
6:00
Mar. 29, 2019

-50 p
1,292.0
Stop Loss
1,287.0
Entry
+45 p
1,282.5
Target 1
Chart & Analyst Comments
main-daily-trend
  1. Since the CurrentRatio sentiment indicator informs us that the market crowd is buying, we should consider sticking to Sell Orders.
  2. Market sentiment provides mixed data, but the key brokers signals for Sell order.
  3. The activity of "fresh" buyers in an uptrend may indicate that the market expects the recovery of the bull trend. However, according to our analysis, this movement is corrective and we expect the price to go down.
  4. The MVP indicator shows the downtrend. We take this into account as one of the important factors in today's forecast.
  5. We are focused on the breakdown of the previous bottom, the target at the level of 1282.5.
    index: 1x 0.035112142562866s
t_/pages/forecast: 1x 0.031761169433594s
t_/common/header-new: 1x 0.020443201065063s
t_/common/head: 1x 0.016631841659546s
t_/common/footer-new: 1x 0.0025861263275146s
router_page: 1x 0.0018601417541504s
router: 1x 0.00079894065856934s
t_/popups/on-download: 1x 0.0005180835723877s
service-routes: 1x 0.00033307075500488s
router_redirection: 1x 0.00015401840209961s
t_/popups/zoom: 1x 3.4093856811523E-5s
----- END OF DUMP (2022-10-05 05:46:10)  -----