Biz yalnızca bir aracı kurumdan fazlasıyız. Analiz etmek, işlem yapmak ve büyümek için ihtiyacınız olan her şeyi tek bir yerde sunan, hepsi bir arada bir işlem ekosistemiyiz. İşlem deneyiminizi bir üst seviyeye taşımaya hazır mısınız?
Despite repeated failures to take-out a short-term resistance trend line, Gold prices remain 0.07% positive while taking rounds to $1,640 during the pre-European session on Thursday.
That said, the yellow metal is forming an inverse head-and-shoulder bullish pattern on the four-hour (H4) chart that needs confirmation with a break of the neckline, currently at $1,651.
In doing so, the bullion is theoretically capable of targeting $1,750. However, it’s expected to take a rest near the latest high of $1,690 before rising further.
On the downside, 50% and 61.8% Fibonacci retracement of the bullion’s February month rise, around $1,618 and $1,602 respectively, will offer intermediate supports during the U-turn.
Additionally, 200-bar SMA near $1,592 and February-end bottom near $1,563 will be tough nuts to crack for the sellers past-$1,602.
Trend: Bullish
