Gold Price Forecast: XAU/USD to suffer fresh selling pressure on failure to hold $1,642
29.09.2022, 06:16

Gold Price Forecast: XAU/USD to suffer fresh selling pressure on failure to hold $1,642

Gold (XAU/USD) retreats to the $1,650 area. A break below $1,642 would clear the way towards the $1,620-$1,615 region, FXStreet’s Haresh Menghani reports.

The $1,662 area should now act as a pivotal point for gold

“A sustained strength beyond the $1,662 area, which coincides with the 38.2% Fibonacci retracement level of the recent fall from the monthly peak, could trigger a fresh bout of a short-covering move and lift spot prices to the $1,676-$1,678 supply zone. The latter comprises 50% Fibo. level and the 100-period SMA on the 4-hour chart, which if cleared decisively will suggest that the XAU/USD has formed a near-term bottom. This, in turn, will set the stage for a further near-term appreciating move and allow bulls to aim back to reclaim the $1,700 round-figure mark.”

“The 23.6% Fibo. level, around the $1,642 area, now seems to protect the immediate downside. Any subsequent decline might continue to find support near the $1,620-$1,615 region or the YTD low. A convincing break below will be seen as a fresh trigger for bearish traders and drag gold towards the $1,600-$1,590 area. Some follow-through selling should pave the way for an extension of the downward trajectory towards the $1,567-$1,565 intermediate support en route to the $1,530-$1,528 region and the $1,500 psychological mark.”

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik