আরও দেখুন
13.05.2025 06:50 PM
Early in the American session, gold is trading around 3,249, rebounding after reaching the low of 3,224, which coincided with the 200 EMA.
After reaching this bottom, gold is rebounding with confidence and is now reaching the top of the downtrend channel.
With a decisive breakout, gold is expected to continue rising. If gold breaks and consolidates above 3,250 in the coming hours, we could expect a strong upward movement, pushing the price up to the 6/8 Murray level at 3,281 and even reaching the 7/8 Murray level at 3,359.
Gold left a gap around 3,330, and this gap could likely be filled in the coming days. To do this, we will look for opportunities to buy above 3,220, then we could reach the target around 3,335.
Our GAP strategy will be valid as long as gold trades above 3,220. Gold could then take advantage of any pullback to gain upward momentum and reach this zone.
The eagle indicator is giving a positive signal, suggesting that gold could continue its rise in the coming days, so we will look for buying opportunities.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
