Gold is going down

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Gold charts have been reviewed. New patterns have been discovered. In general, the metal is going down. Namely, the commodity price is trading in two channel down patterns in the borders of a large scale ascending pattern. 

In the near term future, the pair is set to decline in the smallest pattern down to the 1,213.85 level, where it should encounter the support of a monthly pivot point.
Back to articles

Actual Topics

Mon, 12 Nov 2018 07:27:55 GMT

EUR/USD is located near horizontal pattern line

Fri, 09 Nov 2018 10:28:51 GMT

USD/JPY retraces to 113.80

The US Dollar is taking a break from the surge against the Japanese Yen. Namely, the rate was retracing downwards after reaching the 114.10 level. On Friday morning the pair found support in a pivot point at 113.80. Due to this support it was assumed that the surge was about to resume and the rate will eventually reach the 114.40 level.  On

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.