Technical Commentary:- In Daily Chart :- Gold was trading with upper trend line and Yesterday Gold was tested the upper trend line of key resistance level and closed on lower side as bullish candle and close below the resistance level of horizontal line so today we can except on selling side upto next support levels :- which we have shown in attached image.
In 4 hour chart :- Gold was trading in the sideways movement between key resistance level and key support levels and now its was trading in the triangle pattern if lower trend line breaks means we can except on heavy sell off upto next key support levels:- which we have shown in attached image.
In 1 Hour Chart :- Gold was trading with lower trend, if the lower trend line breaks means below the key resistance 1080 levels and its was trading with lower trend line if lower trend line breaks means we can except on heavy sell off upto next key support levels :- 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 | ||
We are here to help you
