Technical Commentary: In Weekly chart Gold was broken lower trend line and closed below lower trend line.In Daily chart ,Gold was broken the triangle pattern on lower side and yesterday its closed below the key support level 1170 levels :- we have shown in above image.
In 1 hour chart, Gold was trading in the equidistant lines and near intraday key resistance level 1169 level, so we can sell near lower trend line :- we have shown in above image.
In 4 hours chart, Gold was trading in Equidistance channel lines and its was trading below key resitance level 1175 Level , so we can sell near key resistance line with stoploss above 1190 level :- we have shown in above image.
In 4 hours chart, Gold was trading in Equidistance channel lines and its was trading below key resitance level 1175 Level , so we can sell near key resistance line with stoploss above 1190 level :- 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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