XAU/USD: general analysis

FX:XAUUSD   Emas/Dolar U.S.
Dilihat 76 kali
76 0
Current trend

The price of gold continues its upward trend. The precious metal is strengthening as the Federal Reserve can delay interest rate rise, the stock market is falling so are US bonds yields. Capital inflow in exchange traded funds remains high that also supports the price of gold .
On the other hand, gold purchases by the People’s Bank of China declined to 9 tonnes in March that is the lowest level since last year. However, the country is likely to continue increasing its gold reserves in order to diversify foreign-exchange holdings.

Support and resistance

RSI is giving no clear trading signals. Thus, it is recommended to place buy orders after the level of 1243.07 is broken out.

The nearest support level is at 1231.46.
The nearest resistance level is at 1243.07.

Trading tips

Long positions can be opened from the level of 1243.07 with the target at 1261.00 and stop-loss at 1235.00.
Register on LiteForex site and get more analysis
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikut Mesej Peribadi Perbualan Daftar Keluar