As it was supposed, the bullish swing provided the market with a new local high, therefore we can expect further intensive upward distribution in direction of resistances 1933.00, 1950.00 with aim at 1973.23.
Local upward structure undergoes the stage of upward correction, which had a decline potential to the PPZ 1907.80. This area appears the best price for gold today. But at the time of writing correction was completed and the market again switched to a trending phase. Thus we consider long trades only.
Main scenario: Growth to 1933.00.
Alternative scenario: Upward momentum to 1950.00.
Longs to 1933.00 and 1950.00.
Only from 23 to 25 of November, the largest no deposit bonus 100 USD is available for all Forex traders! 🏆 Bonus details: 100 USD maximum withdrawal 75 lots of required trading turnover 2 weeks to try all of the trading conditions Available for cent accounts 📍 How to get the bonus: 1) Register an […]
Only from November 02nd to December 04th, 2020, Deposit Bonus 200% is available for all FortFS clients! Use the advantage to engage for the unique offer within a limited period: activate the deposit bonus and get up to 200% on the deposit amount on your trading account! How to get a Deposit Bonus of 200%? […]