Trading news

GOLD: CANDLESTICK ANALYSIS FOR MAY 22, 2015

Posted on May 22, 2015 07:44

Gold prices getting stronger since Asian Session, the precious metal hit 1201.35 yesterday and strongly supported by the 2nd support and psychological level 1200. In American Session the yellow metal ticked up due to negative Existing Home Sales data. 
Inverted hammer in h4 graph at the bottom is indicating strong bullish trend for this metal. The next candle after the inverted hammer has been closed in green and bullish continuation is cleared. If, this assumption is correct, then it can target 1217 and 1223 respectively.

Monday, 25 May, 2015 / 4:40

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://rinvestments.com/forex-forecast/gold-candlestick-analysis-for-may-22-2015.html

Trading news

 

GBPUSD On Track To Settle Above 1.3700

The British pound sterling continues to keep a bullish hold. After failing to [...]

Posted on Friday, 22 Jan, 2021 / 12:08 under

Crude Holds Near Highs

The crude market saw a much quieter period of trading this week. Price [...]

Posted on Friday, 22 Jan, 2021 / 12:07 under

Biden To Push Through Stimulus Aid

Greenback Fades as Bears Take Control The US index dropped towards the 90 [...]

Posted on Friday, 22 Jan, 2021 / 12:06 under