Gold analysis New update

New update on Gold 11/04/2019

As i have expected inn my previous analysis that gold going to reach zone 1312 and it have reach that zone

Now i expecting falling to 1279 -1251

 

 

As i said in my previous analysis below the biais remain bullish as exacly as i expected  the gold moved higher today and habe break the daily pivot on 1290.24

but if you decide to enter the market after if the candle of 4h close above pivot point

My expectation now is the blish movement will continue to zone 1312-1315  then go back down 1251

 

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Monday 01/04/2019

The image is very clear for gold

After we have see the ascending channel we have see a normal  fall

last week we have reach the last low wich make support is 1286

the resistance is at 1321

what to expect now  ?

The support is 1286 and you know the logic already buy on a support and sell on a resistance.

the biais still bullish as long as the 1286 make support and if this support is broken the following targets on the chart below will be seen one by one after the break of each level.

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One Reply to “Gold analysis New update”

md shakil adnan

April 1, 2019 at 7:35 pm

nice a

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