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 April 02, 2019

Gold has been trading downwards as we expected. The price tested the level of $1.284.70. We are still expecting downside.

analytics5ca36b1774e60.jpg

According to the H4 time-frame, we found that price rejected of the Fibonacci expansion 61.8% at the price of $1.296.00 and it rejected from the 20-exponential moving average (yellow line). The ADX reading above 30 level is suggesting us that trend is still strong. The resistance levels are seen at the price of $1.296.00 and $1.301.00. Key short-term support is seen at the price of $1.280.60.

Trading recommendation: Watching for selling opportunities with the target at $1.280.60.

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