Technical Commentary :- In Daily Chart :- Yesterday gold was closed as bullish candle and closed above key resistance level of 1190 levels so today we can buy above key support level 1198 and now gold was started to trade with trend line and now gold was trading in the triangle pattern so we can except range bound pattern between upper trend line and lower trend line :- we have shown in above image.
In 4 hour chart and 1 hour chart :- Gold was trading above the resistance level so we can buy near intraday support levels :- we have shown in above image.
In 4 hour chart and 1 hour chart :- Gold was trading above the resistance level so we can buy near intraday support 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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