empty
28.02.2018 09:54 AM
Ichimoku cloud indicator analysis of gold for February 28, 2018

Gold price broke below support yesterday after a wave of strength in the Dollar was the result of the new Fed chair's testominy. Gold is making lower lows and lower highs. Price got rejected at the cloud resistance but is still holding above $1,310-07 support area.

This image is no longer relevant

Gold price is trading below the cloud resistance in the 4hour chart. Short-term trend is bearish as long as price is at below $1,337. Our most probable next target is now at the 61.8% Fibonacci retracement at $1,285. This is also the next important support. Resistance is at $1,325-26. This is the first obstacle bulls must overcome, but the most important one is at $1,337.

This image is no longer relevant

Gold has reached the Ichimoku cloud in the daily chart as we expected, after the rejection at the tenkan-sen (Red line indicator). Gold is at important support. A daily close below the upper cloud boundary at $1,314 will most probably push price towards $1,300.
Alexandros Yfantis,
Analytical expert of InstaTrade
© 2007-2025
آن لائن ہیلپ
یہاں کلک کر یں

Official partners of InstaTrade

The future is coming - InstaTrade and Dragon Racing
The team of Formula - E
Be always the first with InstaTrade Loprais Team
Official participant of the Dakar rally
Team up with us -
win with InstaTrade and Zvolen!
IIHF Continental Cup winner in 2005

انسٹا فاریکس بونس

انسٹا فاریکس کے تمام بونسنز

تجارتی طریقے

فاریکس کی آن لائن تجارت کا بہترین طریقہ
میٹا ٹریڈر
Charts on-line
فاریکس تجزیات
فاریکس ڈیمو اکاؤنٹ
ٹریڈر کیلولیٹر
فاریکس انڈیکیٹر
تجارتی سمبل
InstaTick Trader
InstaTrade Gadget
banner
حاصل کریں
تجزیات کی سہولت

Top analytics

Relevance up to 05:00 2025-03-28 UTC--4
ایکس اے یو / یو ایس ڈی : تجزیہ اور پیشن گوئی
19:36 2025-03-27
Fundamental analysis
Relevance up to 21:00 2025-03-27 UTC--4
یورو/امریکی ڈالر کے جوڑے کا جائزہ - 27 مارچ: ڈونلڈ ٹرمپ پیچھے ہٹ گئے۔
11:24 2025-03-27
Fundamental analysis
Relevance up to 21:00 2025-03-27 UTC--4
برطانوی پاؤنڈ/امریکی ڈالر کے جوڑے کا جائزہ - 27 مارچ: برطانوی پاؤنڈ اسٹالز
11:24 2025-03-27
Fundamental analysis
Relevance up to 00:00 2025-03-28 UTC--4
27 مارچ کو یورو/امریکی ڈالر کے جوڑے کی تجارت کیسے کی جائے؟ نئے تاجروں کے لیے آسان تجاویز اور تجارتی تجزیہ
11:25 2025-03-27
Trading plan
Relevance up to 00:00 2025-03-28 UTC--4
27 مارچ کو برطانوی پاؤنڈ/امریکی ڈالر کے پیئر کی تجارت کیسے کی جائے؟ نئے تاجروں کے لیے آسان تجاویز اور تجارتی تجزیہ
11:25 2025-03-27
Trading plan
ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.