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*

Daily analysis of GOLD for May 24, 2016

GOLDH4.png

Overview

The gold price showed a new test to the $1,243.17 level yesterday and kept trading steadily above it, which keeps the bullish trend valid until now. The price needs more positive momentum to resume the bullish bias, the main targets of which begin at $1,276.50 followed by $1,303.58 levels. We should take into consideration that a break of the $1,243.17 level will put the price under the correctional bearish pressure again, opening the way to the 38.2% Fibonacci of the rise measured from $1,047.61 to $1,303.58, located at $1,205.80. The expected trading range for today is between the $1,230.00 support and the $1,276.00 resistance.

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