Gold Technical Analysis

Posted on 14th January 2017 by admin in Technical Analisis

Hello there.. I would like to share my Gold(spot) Technical Analysis.  Last week the price open around 1172.45 and bullish then closed below the high price value(1206.74) around 1197.08. Based on candlesticks observation via my iPhone the probability of the price movement for the next is something like that;

The price possible continue rise if the next resistance or support become resistance had just break. The next target possible 1242 area.  Trade on your own risk. Do your own research and analysis. There are no confirmation & warranty price movement in volatile & high liquidity of market..

The breaking news possible & normally change the market direction.. So plan your trade with a very good attitude & money management


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