Trading news

GOLD: TECHNICAL OUTLOOK FOR MAY 21, 2015

Posted on May 21, 2015 06:16

Spot gold closed higher on Wednesday, due to strong demands level, the yellow metal is strongly supported above the price area 1205-1210. 
Take a look on some mentioned below indicatory summary.
1) In h1 graph, the bearish trend line has been broken.
2) Strong support indicated by the Kijun sen in h1 graph, and by Senko Span A in h4 graph.
3) Simple Moving Average of 100 and 200 days are also acting as a support in h4 graph.
4) Parabolic SAR dots are indicating bullish trend in h1 graph.

Monday, 25 May, 2015 / 4:14

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-technical-out-look-for-may-21-2015.html

Trading news

 

Weekly Outlook: June 24 – June 28: G20 Summit Takes Center Stage, RBNZ Decision Also in Focus

This week, market participants are likely to be sitting on the edge of their [...]

Posted on Monday, 24 Jun, 2019 / 7:00 under

Oil added almost 5% against the backdrop of the possible conflict in Middle East

Brent crude has got over the important mark of $65 per barrel and added about [...]

Posted on Friday, 21 Jun, 2019 / 3:58 under

FX Options Update: June 20, 2019

Saxo Bank's latest report on the FX Options space is now live, with a look at [...]

Posted on Friday, 21 Jun, 2019 / 11:41 under