Main Quotes Calendar Forum
flag

FX.co ★ Gold 12.02.2019 - Upside Pitchfork cycle is expected, upward target set at $1.479.

parent
Forex Analysis:::2019-12-02T15:22:01

Gold 12.02.2019 - Upside Pitchfork cycle is expected, upward target set at $1.479.

has been trading sideways at the price of $1.460. Anyway, I see that there is potential for the upside wave and potential test of the $1.479 in order to fulfill Pitchfork Cycle.

Gold 12.02.2019 - Upside Pitchfork cycle is expected, upward target set at $1.479.

Stochastic oscillator is showing higher lows and fresh new bull cross, which is good indication of the strength and confirmation for further upside.

As long as the Gold is trading above the support $1.450, I would watch for buying opportunities with the first target at $1.479.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...