DAILY GOLD TECHNICAL TREND POWERED BY : RAHUL KUMAR (Daily trades recommendation includes entry, stop and target with a technical analyzed chart: call now +91 8193003476)
GOLD TREND FOR THE WEEK STARTING 09 MAR 2015
GOLD COMEX APR FUTURE SETTLED $ 1168.20
Last Friday after a greater than expected Job report crack down the precious mettle below monthly support (lower line 1191-90) and quickly made low 1163.20.
A month ago, there were two target I considered for a countertrend rally 1235 nd 1253, but yellow matel failed to react and continueslly down. After Nov 2014 gold 1st time closed below 1192, as of now I can expect a $ 1100 possible in 2015.
This week I can expect to test 1142-52 with a upside resistence 1178-83. There is still a very last support for bull at $ 1142, if this hold till the march ending than $ 1200-1220 possible before reach $ 1100-1070.
TRADE LEVEL
R2 : $ 1208
R1 : $ 1191
P. : $ 1178
S1 : $ 1157
S2 : $ 1140
I started the email service for the individual traders of Intraday trading ...daily two updated with trade recommendation.
For more info write me bestech30@gmail.com
Happy trading
Rahul Kumar
Bullion expert
HFBC
+91 819-3003-476
Last Friday after a greater than expected Job report crack down the precious mettle below monthly support (lower line 1191-90) and quickly made low 1163.20.
A month ago, there were two target I considered for a countertrend rally 1235 nd 1253, but yellow matel failed to react and continueslly down. After Nov 2014 gold 1st time closed below 1192, as of now I can expect a $ 1100 possible in 2015.
This week I can expect to test 1142-52 with a upside resistence 1178-83. There is still a very last support for bull at $ 1142, if this hold till the march ending than $ 1200-1220 possible before reach $ 1100-1070.
TRADE LEVEL
R2 : $ 1208
R1 : $ 1191
P. : $ 1178
S1 : $ 1157
S2 : $ 1140
I started the email service for the individual traders of Intraday trading ...daily two updated with trade recommendation.
For more info write me bestech30@gmail.com
Happy trading
Rahul Kumar
Bullion expert
HFBC
+91 819-3003-476
Subscribe to:
Posts (Atom)