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*

Analysis of Gold for September 14, 2017

analytics59ba775daffea.png

Recently, the Gold has been trading downwards. The price tested the level of $1,316.80 in a high volume. According to the 30M time frame, I found that price is trading inside of a downward channel, which is a sign that buying looks risky. I have placed Fibonacci expansion to find potential downward targets. I got FE 61.8% at the price of $,1313.40 and FE 100% at the price of $1,300.00. My advice is to watch for potential selling opportunities.

Resistance levels:

R1: $1,337.00

R2: $1,347.00

R3: $1,353.50

Support levels:

S1: $1,321.35

S2: $1,315.45

S3: $1,305.00

Trading recommendations for today: watch for potential selling opportunities.

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