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


Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 ©

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.



Expert In



Gold analysis for April 25, 2019

Gold price continues to trade sideways at the price of $1.275.00. Potential bearish flag in creation suggests further downward continuation.


Purple rectangle - major resistance trend line

Yellow lines – bearish flag channel

White large lines - major down trending channel

Gold price broke below the important $1,280.00 support area and on that way completed the complex head and shoulders pattern, which is sign of the further weakness on the Gold. Current rally-test is normal after the breakout in order to go further lower. As long as the price is getting accepted below the $1.280.00, we are bearish on the Gold. Watch for potential breakout of the bearish flag to confirm further downward continuation. The downward targets are set at the price of $1.249.50, $1.231.40 and $1.211.30.

The material has been provided by InstaForex Company -