AU/USD inches back closer to $1,920, lacks bullish conviction

avatar
· Views 2,890

From a technical perspective, the $1,925-$1,926 region is likely to act as an immediate hurdle ahead of the overnight swing high, around the $1,935 area. This is followed by the 100-day Simple Moving Average (SMA), currently around the $1,947 zone. A sustained strength beyond the latter might trigger a short-covering rally and lift the Gold price to the $1,962-$1,964 area en route to the $1,970-$1,972 supply zone. Some follow-through buying should allow bulls to reclaim the $2,000 psychological mark and test the $2,010-$2,012 resistance.

On the flip side, the $1,915-$1,914 region now seems to protect the immediate downside ahead of the $1,908-$1,907 area and the $1,900 mark. The next relevant support is pegged near the $1,893-$1,892 region or the multi-month low touched last week. A convincing break below the said support levels will make the Gold price vulnerable to accelerate the downward trajectory towards the very important 200-day Simple Moving Average (SMA), currently around the $1,860 zone.


https://www.mql5.com/en/users/...


https://waynewins.com/

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

古いコメントはありません。ソファをつかむ最初のものになりましょう。

  • tradingContest