Technical Commentary: In Weekly chart and Daily chart Gold was tested lower trend line bonzed back from the lower trend line, it was closed higher, given good support trend line, last 2 days closing was like hammer in daily chart.
In 1 hour chart,Gold was trading near upper trend line If it breaks means it will start to move upper resistance levels :- we have shown in above image.
In 4 hours chart,Gold was trading in Equidistance channel lines and yesterday its broken intraday Upper trend line and key resistance line.1203 levels. :- we have shown in above image.
In 4 hours chart,Gold was trading in Equidistance channel lines and yesterday its broken intraday Upper trend line and key resistance line.1203 levels. :- we have shown in above image.
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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