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 November 07, 2017

analytics5a019b9dbb9b9.png

Recently, Gold has been trading sideways at the price of $1,276.00. According to the 15M time – frame, I found a supply trendline, which is holding. It also indicates that sellers are in control today. There is also a breakout of the pivot level of $1,276.95, which is another sign that there is weakness in the background. My advice is to watch for potential selling opportunties. The downward tarrgets are set at the price of $1,271.10 (pivot support 1) and at the price of $1,265.50 (swing low).

Resistance levels:

R1: $1,287.83

R2: $1,293.80

R3: $1,304.70

Support levels:

S1: $1,270.97

S2: $2,260.10

S3: $1,254.11

Trading recommendations for today: watch for potential selling opportunities.

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