Gold looks for support near 1,620.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The price for gold eventually encountered resistance in the combination of the 1,645.00 level, the 100-hour simple moving average and the upper trend line of a channel down pattern. The resistance forced the price into retreating down to the 1,615.00/1,622.00 zone. he support zone appeared to have caused another recovery.

A recovery of the metal might be stopped by the 50-hour simple moving average and the 1,630.00 level. Higher above, note the upper trend line of the channel down pattern and the 100-hour simple moving average.

If the commodity price declines, it would have to reach below the 1,615.00 level, before reaching the 1,600.00 mark.
Back to articles

Actual Topics

Mon, 24 Oct 2022 07:30:55 GMT

EUR/USD bounces off 0.9900

On Monday morning, the EUR/USD confirmed that the 0.9900 level can act as resistance, as the pair bounced off it. An extended decline of the Euro against the US Dollar might find support in the weekly simple pivot point at 0.9814, the 50 and 100-hour simple moving averages and the 0.9800 mark. Further below, take into account the 200-hour

Fri, 21 Oct 2022 10:54:09 GMT

USD/JPY surge gains momentum

The USD/JPY step by step approached the 150.50 level, which was reached and acted as resistance for two hours. Afterwards, the rate surged sharply and easily reached above the 151.00 mark. By the middle of the day's European trading, the rate had reached above 151.30. At the moment of writing, the rate appeared to be unstoppable. An extension of the

Fri, 21 Oct 2022 10:16:45 GMT

GBP/USD decline approaches 1.1100

As the UK Prime Minister resigned, the Pound initially surged and reached above 1.1300. However, the spike upwards was followed by a decline. By the middle of Friday's trading, the pair had almost reached the 1.1100 mark. An extension of the ongoing decline would have no technical support as low as the weekly S1 simple pivot point at 1.0941 and the

Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.