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*

Gold analysis for April 06 , 2016

analytics5704e493d5e58.png

Since our previous analysis, Gold has been moving downwards. The price tested the level of $1,223.87. Since the accumulation phase in the background took the place, I am still expecting the higher price on the gold. I found strong support around the price of $1,224.00. I found the previous resistance level, which became support. Watch for buying opportunities on the dips. Take profit level is set near the price of $1,236.00.

Daily Fibonacci pivot points:

Resistance levels:

R1: 1,237.40

R2: 1,242.00

R3: 1,250.90

Support levels:

S1: 1,220.60

S2: 1,215.50

S3: 1,207.00

Trading recommendations for today: watch for buying opportunties on the dips.

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