Gold: bulls push prices up

Gold: bulls push prices up


SELL $1270, SL $1278, TP1 $1250, TP2 $1230

On the daily chart, bulls made a second attempt during the 2 weeks to return the prices inside the previous rising channel. If it succeeds, the odds of an increase at least towards $1295 an ounce will sharply increase. On the other hand, recoil down from $1277-1279 will make gold consolidate.


On H1, the inability of bulls to hold the prices above $1270 зan ounce will show their weakness. As a result, risks of reversal patterns Anti-Turtles and “Widening wedge” will increase.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera