empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
19.08.2020 02:08 AM
Comprehensive analysis of movement options for Gold & Silver (H4) on August 18, 2020
Open trading account Open demo account

Minute operational scale (H4)

Continuing to beat the US dollar? Review of options for the movement of Gold & Silver on August 18, 2020.

____________________

Spot Gold

The movement of Spot Gold from August 18, 2020 will occur depending on the development and direction of the breakdown of the range:

  • resistance level of 2009.00 - the median line Median Line of the Minuette operational scale fork;
  • support level of 1992.00 - the upper border of ISL38.2 equilibrium zone of the Minute operational scale fork.

A consistent break of the support level of 1992.00 on ISL38.2 Minute and lower bounds ISL38.2 (1983.00) equilibrium zone of the Minuette operational scale fork will determine the USD Spot Gold within the zone (1992.00 - 1961.00 - 1930.00) equilibrium of the Minute operational scale fork and channel 1/2 Median Line Minuette (1969.00 - 1944.00 - 1920.00).

In case of breaking the Median Line Minuette - resistance level of 2009.00 - the upward movement of Spot Gold can be continued to the objectives:

  • upper bound ISL61.8 (2040.50) equilibrium zone of the Minuette operational scale fork;
  • maximum 2074.75;
  • initial SSL line (2100.00) of the Minute operational scale fork.

Details of the Spot Gold movement since August 18, 2020 can be seen on the animated chart.

This image is no longer relevant

____________________

Spot Silver

The development of the Spot Silver movement from August 18, 2020 will also be determined by the development and direction of the breakdown of the range:

  • resistance level of 28.700 - the lower border of ISL38.2 of the balance zone of the Minuette operational scale fork;
  • support level of 27.700 - the upper border of the channel 1/2 Median Line Minuette.

Joint breakout of the support level of 27.700 on the upper border of the channel 1/2 Median Line Minuette and ISL38.2 Minute (27.500) make possible the continuation of the movement of Spot Silver in the zone equilibrium (27.500 - 26.700 - 25.900) of the Minute operational scale fork, taking into account the working out of 1/2 Median Line Minuette (27.000) and the lower border of the 1/2 Median Line Minuette (26.200).

In case of breakdown of ISL38.2 Minuette - resistance level 28.700 - Spot Silver may continue its upward movement within the equilibrium zone (28.700 - 30.100 - 31.200) of the Minuette operational scale fork.

Details of the Spot Silver movement options from August 18, 2020 are shown in the animated chart.

This image is no longer relevant

____________________

The review is compiled without taking into account the news background, the opening of trading sessions of the main financial centers and is not a guide to action (placing "sell" or "buy" orders).

Ratu Taslim,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders on June 12 (U.S. Session) The test of the 143.75 price level in the first half of the day occurred when the MACD indicator had already significantly declined from the zero line, which limited
Jakub Novak
13:32 2025-06-12 +02:00
2065
Forecast
GBP/USD: Simple Trading Tips for Beginner Traders on June 12 (U.S. Session) The test of the 1.3570 price level during the first half of the day coincided with the MACD indicator just beginning to move down from the zero line, confirming
Jakub Novak
13:31 2025-06-12 +02:00
2140
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

EUR/USD. June 12. A Setback for the Dollar

Good day, dear traders! On Wednesday, the EUR/USD pair continued its upward movement after rebounding from the support zone of 1.1374–1.1380. It successfully consolidated above the 76.4% Fibonacci retracement level
Samir Klishi 10:15 2025-06-12 UTC+2

GBP/USD. June 12. British Economy Falters

Good day, dear traders! On the hourly chart, on Wednesday, the GBP/USD pair reversed in favor of the British pound and consolidated above the 161.8% Fibonacci retracement level at 1.3520
Samir Klishi 10:15 2025-06-12 UTC+2

Technical Analysis of Daily Price Movement Crude Oil Commodity Instrument, Thursday June 12, 2025.

If we look at the daily chart of the Crude Oil commodity instrument, there appears to be a Divergence between the price movement of #CL and the Stochastic Oscillator indicator
Arief Makmur 08:10 2025-06-12 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday June 12, 2025.

On the 4-hour chart of the Nasdaq 100 index, there is a divergence between its price movement and the Stochastic Oscillator indicator, especially with the current confirmation of the price
Arief Makmur 08:10 2025-06-12 UTC+2

Trading Signals for EUR/USD for June 12-19, 2025: sell below 1.1500 (21 SMA - 8/8 Murray)

If the euro price falls below 1.1500 in the coming hours, this could be seen as an opportunity to sell. Technically, it appears overbought on the H4 chart and could
Dimitrios Zappas 05:33 2025-06-12 UTC+2

Trading Signals for GOLD (XAU/USD) for June 12-19, 2025: sell below $3,386 (21 SMA - 7/8 Murray)

The XAU/USD trend remains bullish as long as the price consolidates above 3,331. Therefore, it would be prudent to buy gold as long as the price consolidates above 3,359, where
Dimitrios Zappas 05:32 2025-06-12 UTC+2

EUR/USD Forecast for June 12, 2025

The U.S. inflation data released on Wednesday stirred the markets: the dollar index dropped by 0.47%, WTI oil surged by 5.54%, gold rose by 1.27%, and 5-year U.S. Treasury yields
Laurie Bailey 04:40 2025-06-12 UTC+2

GBP/USD Forecast for June 12, 2025

On Wednesday, the British pound successfully avoided a decline below technical support levels, reversing upward from them. The price rebounded from the MACD indicator line on the daily chart, while
Laurie Bailey 04:40 2025-06-12 UTC+2

USD/JPY Forecast for June 12, 2025

The price correction since May 27 was complex and prolonged, posing a risk of a breakout above 146.11. However, this risk is no longer a concern with the reversal from
Laurie Bailey 04:40 2025-06-12 UTC+2

Bitcoin: Dollar Strength Could Trigger a Downturn in the Crypto Market

Today, the market's main focus will be the release of the U.S. inflation report, which is expected to show not only a halt in the recent decline but the highest
Pati Gani 11:47 2025-06-11 UTC+2

Top analytics

Relevance up to 06:00 2025-06-13 UTC--5
GBP/USD: Simple Trading Tips for Beginner Traders on June 12 (U.S. Session)
13:31 2025-06-12
Forecast
Relevance up to 02:00 2025-06-13 UTC--5
Trump Threatens Tariffs Again – Markets React
09:10 2025-06-12
Fundamental analysis
Relevance up to 21:00 2025-06-12 UTC--5
EUR/USD Forecast for June 12, 2025
04:40 2025-06-12
Technical analysis
Relevance up to 19:00 2025-06-12 UTC--5
EUR/USD Overview – June 12: Is There Light at the End of the Tunnel?
04:07 2025-06-12
Fundamental analysis
Relevance up to 03:00 2025-06-14 UTC--5
The Fed Is Right—It's Too Early to Cut Rates (I Expect a Decline in #SPX and an Increase in Gold Prices)
10:37 2025-06-12
Fundamental analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

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 InstaForex anyway.

We are sorry for any inconvenience caused by this message.