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*

Intradat trading recommendations on Gold of September 12,2014

GOLDH4.png


Gold hit the key support level of $1,240, made a low at 1234.75. As we recommended earlier, free fall is expected again below $1,240 towards $1,230 initially. Later, the yellow metal will keep on falling towards $1,224 and $1,210. On the other side, it has resistance at $1,240, above this $1,258 will act as major resistance. Until the metal closes above $1,276, sell on every up move. Today, the metal opened below the previous day close; it means that weakness is still keeping in the metal. For an intraday trading view, the metal has support at $1,231 below this at 1220; 1210 is the support level. The metal is facing strong resistance between 1240-1242 in h4 chart. Above this, the metal can move upwards to the $1,249 and $1,250 levels. We can see a sharp upmove only above $1,254.85 (rounded to $1,255), safe buy will be triggered only above $1,255 with the target at $1,260. Until a h4 candle closes above $1,255, selling on upmove will mint the money. Fresh sell will be possible below $1,231 towards the $1,220 and $1,210 levels.


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