Technical Commentary: In Weekly chart Gold was tested lower trend line and given good support trend line, In daily chart, Gold was trading in selling trend with triangle pattern near lower trend line, yesterday closing was lower so today we can except upto lower trend line and previous low upto 1198
Technical Commentary: In Weekly chart Gold was tested lower trend line and given good support trend line, In daily chart, Gold was trading in selling trend with triangle pattern near lower trend line, yesterday closing was lower so today we can except upto lower trend line and previous low upto 1198
In 1 hour chart,Gold was trading in parallel trend with key support and key resistance level,So we can buy near key support levels with tight stoploss :- we have shown in above image. At present Xau/Usd was trading in Selling trend,so we can except sell upto our key support levels.
In 4 hours chart,Gold was trading in Equidistance channel lines with near lower trend line and key support .
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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