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*

Daily analysis of Gold for December 30, 2016

GOLDH4.png

Overview

The gold price traded upwards yesterday and breached 1,154.76 and settled above it, thus supporting our bullish trend expectations in the upcoming period. The price is likely to test 1,172.68 levels. It is important to monitor the price when reaching this level as the breach represents the key to extend gold price gains to 1,211.31. Therefore, we still expect bullish trend on the intraday and short-term basis supported by the EMA50. Holding above 1,124.88 represents the most important condition to continue the expected rise. The expected trading range for today is between the 1,145.00 support and the 1,180.00 resistance.

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