Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Advertisements
Advertisements
NPBFX - making money with us since 1996!
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Antony_NPBFX, post: 168422, member: 38727"] [size=5][b]XAU/USD: gold consolidates 19.08.2019[/b][/size] Good afternoon, dear forum visitors! [url=http://www.npbfx.com/?utm_campaign=company&utm_medium=forumpost&utm_source=earnforex]NPBFX[/url] offers the latest release of analytics on XAU/USD for a better understanding of the current market situation and more efficient trading. [B]Current trend[/B] On Friday, Gold prices fell, responding to a moderate increase in stock markets. The instrument was under additional pressure by the dollar, which grew despite the publication of controversial macroeconomic statistics and the threat of a recession in the US economy. However, the trade dispute between the United States and China contributed to the upward trend in gold, although the situation is not so clear. In particular, investors were optimistic about Donald Trump's statements that the trade conflict would not last long, since China was directly interested in concluding a final agreement. [B]Support and resistance[/B] On the daily chart, Bollinger bands are growing steadily. The price range is narrowing, reflecting the emergence of ambiguous dynamics in the short term. The MACD indicator has reversed downwards, having formed a moderate sell signal (the histogram is below the signal line). Stochastic’s dynamic is similar, it retreats from its highs, indicating that the instrument is overbought in the short-term/short-term. The development of correctional dynamics in the short and/or ultra-short term is possible. Resistance levels: 1519.77, 1534.74, 1550.00. Support levels: 1500.00, 1489.90, 1474.61, 1452.66. [img]http://businesspr-finance.com/wp-content/uploads/2019/08/xau-3.png[/img] [img]http://businesspr-finance.com/wp-content/uploads/2019/08/xau-4.png[/img] [b]Trading tips[/b] Long positions can be opened after a rebound from the level of 1500.00 and a breakout of the level of 1519.77 with the target at 1550.00 or 1565.00. Stop loss is 1500.00. Short positions can be opened after the breakdown of the level of 1500.00 with the target at 1452.66. Stop loss is 1519.77. Implementation period: 2–3 days. [b]Use more opportunities of the NPBFX analytical portal: trading signals for commodities.[/b] How can a trader determine if it’s worth buying or selling XAU/USD now or better waiting for a more favorable period? Use trading signals for commodities from the top 10 technical indicators on the NPBFX portal and make the right decisions! All registered users have free and unlimited access to the minutely updated trading signals (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) for Gold, Silver, Brent and WTI Crude oil. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on XAU/USD and trade efficiently with [url=https://my.npbfx.com/register/?utm_campaign=register&utm_medium=forumpost&utm_source=earnforex]NPBFX[/url]. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…