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Gold ( Xau / Usd ) : 15/07/2014 Technical Analysis Report

15th July 2014 CFX Admin

Our Preference: Long position above 1305 target of 1316 & 1326 with stoploss below 1300.
Alternative Scenario: Short below 1300 target of 1394 & 1388 with stoploss below 1306.
 
Technical Commentary: Yesterday Gold was crashed lower for 37 $ From 1340 Levels to 1303 Levels ,Now it was trading in short term major key support level of 1304, We preferred for buy with low stoploss and achieve higher profit because last week it was closed on higher If our stoploss trigger we will sell below key support level of 1300.
Our subscribers are receive new FOREX SIGNALS for (Xau/Usd)


Technical Commentary: Yesterday Gold was crashed lower for 37 $ From 1340 Levels to 1303 Levels ,Now it was trading in short term major key support level of 1304, We preferred for buy with low stoploss and achieve higher profit because last week it was closed on higher If our stoploss trigger we will sell below key support level of 1300. Our subscribers are receive new FOREX SIGNALS for (Xau/Usd)