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*

Technical analysis of Gold for November 13, 2014


Technical outlook and chart setups:


Gold has remained locked in a tight range for the last 24 hours. The metal had bounced off $1,145.00/50.00 levels earlier, indicating that a further push higher remains a possibility. It still needs to clear through $1,180.00 levels, to confirm a $1,207.00 possibility on the higher side. It is recommended to remain long for now, with risk at $1,140.00. Resistance is $1,180.00 (interim), followed by $1,207.00 (fibonacci 0.618), $1,235.00 and higher, while support is seen at $1,145: (interim), followed by $1,130.00 and lower respectively. A break higher from $1,180.00 is required to confirm that bulls are going to stay in control for a while.


Trading recommendations:


Remain long, stop is at at $1,140.00, the target is at $1,207.00.


Good luck!


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