XAUUSD - Gold Technical Analysis
Withdrawals continue in Ons Gold. Precious metals, which lost value against the rising dollar index and US bonds after Trump won the US elections, started to rise with the FED decision announced yesterday. In the precious metal, which continues its pricing movements in the seller's zone in the morning hours today, 2670 and 2660 can be followed as support levels if downward movements in Gold continue. In possible recovery movements, 2705 and 2720 can be followed as resistance levels.
Resistors : 2705 / 2720 / 2A740
Supports : 2670 / 2660 / 2645
Similar to Ons Gold, the precious metal, which showed recovery trends after the FED interest rate decision, is trying to find support from the 50-day exponential average in the morning hours today. Selling pressure continues in the morning hours today in the precious metal, which retreated to the level of $ 30.80 after the downward crossing of the 32.50 level, which is an important threshold in silver. If downward movements in silver continue, 31.50 and 31.30 can be seen as support levels. In the case of recovery movements, 31.95 and 32.25 can be recovered as resistance levels.
Resistances : 31.95 / 32.25 / 32.50
Supports : 31.50 / 31.30 / 31.15
The pair, which experienced a sharp retreat after Trump won the US elections, gained value yesterday with the FED interest rate cut. With the effect of Trump, the US dollar continues to maintain its strong outlook in general. The main point to look at in the pair is seen as the possibility of the US economy to accelerate again. In the pair, which is priced negatively in the morning hours today, 1.0760 and 1.0735 can be monitored as support levels. In recovery trends, 1.0805 and 1.0825 can be followed as resistance levels.
Resistances : 1.0805 / 1.0825 / 1.0855
Supports : 1.0760 / 1.0735 / 1.0715
The upward trend continues in the Nas100 futures index contract. In the contract, which continues to rise by renewing its historical peaks, 21400 / 21600 and 21750 levels can be followed as resistance in the contract, where the upward trend continues in the continuation of the day. In possible selling trends, 21012 / 20891 and 20672 can be targeted as support levels.
Resistances : 21400 / 21600 / 21750
Supports : 21012 / 20891 / 20672
The oil futures contract continues to rise in a week with an intense news flow. While the Fed interest rate decision announced yesterday evening came in line with expectations, profit realisation was made after the rise. In the contract, where the upward outlook continues, 76.25 / 77.52 and 79.01 levels can be followed as resistance. In possible selling trends, 74.05 / 72.94 and 72.16 can be targeted as support levels.
Resistances : 76,25 / 77,52 / 79,01
Supports : 74,05 / 72,94 / 72,16
RISK PROBABILITY: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.40% of retail investor accounts lose money when trading CFDs with ALB Limited. These products may not be suitable for all investors. Please make sure that you fully understand the risks involved and seek independent advice if necessary. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The value of your investment may go down as well as up.
NEGATIVE BALANCE PROTECTION: Please see your rights here as a retail client.