Whats App : 1234
Skype : forex.network

Welcome Guest!

  • Slider 1

    Slider 1

  • Slider 2

    Slider 2

  •  Slider 3

    Slider 3

  • abc

    abc

Forex Analysis

InstaForex

Sell/Buy Quotes

Economic Event Timer

Recommended Brokers

Open Live Account and Get 30% Welcome Bonus

Forex Analysis

Gold prices showed great ups and down yesterday, showed great bullish sentiments and then closed near the open price. Yesterday high 1253 and closed near 1228. Today the bullish continuation is expected and more highs are expected. We prefer to go long.

 

Take a look on the mentioned below technical indicators summary.

 

Ichimoku Cloud is indicating bullish trend in h4 and d1 graph. Tenken sen is above than the price but Kijun sen is acting as a good support for the yellow metal. But in h1 graph the current candle is trading below the down kumo.

 

Trading Levels:

 

Sell at : 1234 TP 1220-1218 

SL : 1246.50

BUY Stop : 1246.50  TP 1258-1260

SL : 1234

 

Supports:

 

S1 1215.8333

S2 1203.0867

S3 1184.4633

 

Resistances:

 

R1 1247.2033

R2 1265.8267

R3 1278.5733

Get in Touch with us

 Office # 2, 3rd Floor, Bahria Square Commercial, Ph: VII, Bahria Town, Islamabad
 
 +92 333 8888 104 
 +92 51   5424 002
+92 333 8888 104
 Support@forexnetwork.com.pk

Follow Us on Facebook