empty
 
 
08.11.2024 02:51 PM
Trading Signals for GOLD (XAU/USD) for November 8-13, 2024: buy above $2,684 (200 EMA - 5/8 Murray)

This image is no longer relevant

Early in the American session, gold is trading around 2,689, above the 200 EMA, and below the 5/8 Murray with a slight recovery after a strong technical correction.

On the H4 chart, we can see that after reaching the high of 2,710, gold made a technical correction to the 200 EMA area and since then we have seen a technical rebound.

If gold consolidates above 2,684 in the next few hours, the outlook will remain positive and we could expect the metal to reach 2,795 or even 2,701.

We should pay attention to the 200 EMA area around 2,684. This level could be seen as an opportunity to keep on buying. Above it, gold could continue its bullish bias and even reach the 6/8 Murray level around 2,734 next week.

On the contrary, if the price consolidates below 2,680 on the H4 chart, the outlook could be negative. Therefore, we could expect gold to reach 4/8 Murray at 2,656 again and even reach the low of 2,642.

The eagle indicator is showing a positive signal, so we will look for opportunities to buy above 2,684.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $5000 lebih lagi!
    Dalam November kami membuat cabutan bertuah $5000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget