Gold may reach 1282.5 within the current day

March 29, 2019 8:35:00 AM by Alex Zarevich
Forecast Details
Direction Sell
StatusClosed (1,292.0)
Mar. 29, 2019

-50 p
Stop Loss
+45 p
Target 1
Chart & Analyst Comments
  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 0.040679931640625s
t_/pages/forecast: 1x 0.034457921981812s
t_/common/header-new: 1x 0.021604061126709s
t_/common/head: 1x 0.018224954605103s
t_/common/footer-new: 1x 0.0030269622802734s
router_page: 1x 0.0019080638885498s
router: 1x 0.00077390670776367s
t_/popups/on-download: 1x 0.00060510635375977s
service-routes: 1x 0.00029587745666504s
router_redirection: 1x 0.00012302398681641s
t_/popups/zoom: 1x 4.7922134399414E-5s
----- END OF DUMP (2023-02-02 14:58:02)  -----