Technical Commentary :- In Daily chart :- Yesterday Gold was broken the trend line on lower side and its broken the key support level so its confirm for selling side so we can except next key support level of 1180.
Technical Commentary :- In Daily chart :- Yesterday Gold was broken the trend line on lower side and its broken the key support level so its confirm for selling side so we can except next key support level of 1180.
In 4 hour chart :- Gold was broken the key support level and now its moving towards lower trend line If it breaks lower trend line means further we can except on sell side :- which we have shown in attached image.
In 1 hour chart :- Gold was trading with equidistance channel lines and yesterday it tested the lower channel line and closing are on above the lower channel lines so we sell near intraday resistance levels.+
| 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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