MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Forecast and trading recommendations on Gold for February 11, 2015

The yellow metal again ended lower at the previous session amid the strong US dollar. Today, the focus has shifted to the Euro group meeting. In the recent days, the precious metal lost its momentum following the strong US economic data and weaker Chinese data. The same repeated again at the previous session. The stronger US data goves hope that the US Federal Reserve will raise the interest rates earlier than later. The metal has been taken support between $1,230.00 and $1,228.00. We recommend fresh selling below $1,228.00 with the targets at $1,225.00 and $1,217.00. If a daily close is below $1,217.00, bears can challenge $1,207.00, $1,204.00, and $1,199.00. The weekly key support level exists at $1,216.00. Until the prices close and the metal trades below $1,266.00, use every rise to sell. Intraday resistance exists at 1252.00. In case if the prices manage to breach above 1252.00, bulls can challenge 1255.00, 1264.00, and 1266.00.


Resistance: $1,240.00, $1,246.00, $1,252.00.


Support: $1,228.00, $1220.00, $1,217.00.


Selling below $1,228.00.


Buying above $1,240.00, strong momentum above $1,252.00.


Risky traders can try with sl $1,230.00.


GOLDH4.pngThe material has been provided by InstaForex Company - www.instaforex.com