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 June 09, 2015

Technical outlook and chart setups:

Gold is trading around $1,177.00 now after having reaced lows at $1,161.00 earlier. The metal is seen to be producing a bullish morning star candlestick pattern on the daily chart, indicating potential reversal from the current levels. It is recommended to remain long for now and look for an opportunity to add further at current levels. Risk remains at $1,150.00. Immediate support is seen at $1,143.00 and lower. Rresistance is seen at $1,195.00 followed by $1,205.00, $1,215, $1,231.00, $1,235.00/40, and higher respectively.

Trading recommendations:

Remain long for now, stop is at $1,150.00, a arget is open.

Good luck!

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