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*

Analysis of Gold for September 12, 2017

analytics59b7e9e111ea4.png

Recently, Gold has been trading downwards. The price tested the level of $1,322.70. According to the 30M time frame, I found a broken falling wedge formation (reversal), which is a sign that selling looks risky. There is also a hidden bullish divergence on the moving average oscilator, which is another sign of strength. My advice is to watch for potential buying opportunities. The upward targets are set at the price of $1,335.00 and $1,340-.00.

Resistance levels:

R1: $1,331.85

R2: $1,335.50

R3: $1,337.60

Support levels:

S1: $1,325.90

S2: $1,323.70

S3: $1,320.00

Trading recommendations for today: watch for potential buying opportunities.

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