In Daily Chart :- Yesterday its closed above the resistance level 1190 $ so today we can buy near 1190 levels and we can except upto 1200 levels :- we have shown in above image.
Technical Commentary :- In weekly Chart : Gold was trading above last week high and its trading above the key resistance level and upper trend line so we can buy near intraday support levels.
In 4 hours chart :- Gold was trading in the equidistant line and its trading near lower channel line, so we can buy above 1190 level and exit near 1200 level of next resistance:- 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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