Technical Commentary:- In Daily Chart :- Yesterday Gold was tested upper trend line and it was tested the key resistance level and it was closed on lower side as bearish candle and it was trading in the sideways movement between key resistance and key support level now its was trading below the key resistance level so today we can except on selling side from resistance level and except upto next support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Gold was tested the upper trend line and we got several closing below the upper trend line so its conforming for the selling side and it was trading in the sideways movement between key resistance and key support level so we can sell near upper trend line of resistance level and except upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Gold was tested the upper trend line and we got several closing below the upper trend line so its conforming for the selling side and it was trading in the sideways movement between key resistance and key support level so we can sell near upper trend line of resistance level and except 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 | ||
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