My account

Technical analysis of GOLD 09/16/2022

Gold on the daily chart is in a downtrend and is trading in a channel. The price broke the support at 1680.85 (2021 low) and is currently trading in the 1665.00 area.

The technical picture suggests a continuation of the downward movement with a target in the area of 1580.00.

The signal to cancel the development of the decline will be the growth of quotations above the resistance level of 1800.00 (MA100).

Created by Joshua Hayn

Rating: 5.0/5 (2 votes cast)

5.0 out of 5 based on 2 ratings

Written by admin

Leave a Reply Cancel reply

Accent Markets Group Inc as part of Butenix Capital Ltd holding is аuthorized and regulated by the Vanuatu Financial Services Commission (VFSC). Company registration number - 17926.

All rights to the accentforex.com domain belong to Butenix Capital Ltd.(reg. number 072342, Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles)

AccentForex does not offer Contracts for Difference to residents of some jurisdictions, such as the United States of America, the United Kingdom, citizens of the Russian Federation and Belarus, FATF blacklisted countries.

Registered address of Accent Market Group Inc. is 1276, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu; Company registration number - 17926.

Attention!

Investing into PAMM account or PAMM account portfolios is a unique set of the managing traders that is individual choice of the investor according to investor’s aims and liabilities.
Profit extracted from the PAMM account in previous periods is not an assurance condition for future profit obtaining.
AccentForex providing PAMM account service for investors/PAMM partners/managing traders does not take part in clients funds management investing in PAMM accounts.