Technical Commentary:- In Daily Chart :- Gold was trading in the equidistant channel lines and now its trading near upper channel line so we can sell near upper channel line 1074 levels :- which we have shown in attached image.
In 4 hour chart :- Gold was trading in the triangle pattern and its trading near resistance level of horizontal line and its trading near upper trend line so we can except on selling side :- which we have shown in attached image.
In 1 hour chart :- Gold was broken the triangle pattern on lower side and its trading near upper trend line so its confirming for the selling side :- which we have shown in attached 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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