Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Market Analysis – December 14th
Gold has recently shown promise after a period of low volatility. The bears faced some opposition last week, but now the buyers are back in action. The bulls have managed to regain strength and are currently trading around the significant level of 2008.600.
XAUUSD Key Zones
Resistance Zones: 2148.500, 2052.700
Support Zones: 1930.380, 1884.970
Gold (XAUUSD) Long-Term Trend: Bullish
The week started with the bears attempting to breach the significant level of 1967.390. However, the buyers have recently caused a reversal, forming a long candlestick. Over the past three months, the bulls have been able to maintain a strong position in the market. Despite some setbacks, they have refused to succumb to pressure.
With the current bullish momentum, the buyers are now aiming for a significant level of 2052.700. This indicates that the buyers are becoming stronger after their temporary setback last week. Their renewed determination is likely to result in a breakout.
The RSI (Relative Strength Index) still shows bullish dominance in the market. In terms of the MACD (Moving Average Convergence Divergence), the signal line indicates that the buyers are still in control.
Gold (XAUUSD) Short Term: Bullish
In the short time frame, the buyers are expected to remain unopposed for now. If they can sustain their momentum, it will lead to further breakthroughs in the gold market.
The break through the 2052.700 significant level is almost in sight. The market trend in the lower time frame, therefore, still speaks of bullish action. The MACD (moving average convergence and divergence) is yet to cross the buying gap on the 4-hour chart.
You can purchase Lucky Block here. Buy LBLOCK
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
