Gold Technical Analysis for long term and trading signals free

Discussion in 'General Forex Discussion' started by Atthar dewidar, Dec 10, 2017.

  1. Gold Technical Analysis for long term and trading signals free
    Published: Saturday, 09 December 2017 19:26

    Gold Technical Analysis On the daily Farm, from one year from now,
    gold has formed a bullish uptrend which started from The 1120 level

    and the gold price broke the long term uptrendline near the 1260 level
    which is an early signal of the reversal of the long term bullish trend

    A technical analysis of the medium term indicates the emergence of the measured move pattern
    AB = CD And the first wave of the pattern strarted from the level of 1357
    until it reached the level of 1260
    And the second wave rebounds from around 1300 level and is expected to close near the 1210 level

    Technical gold price forecasts suggest that gold prices may continue to fall
    To near the 1210 level which represents a significant support level over the medium term

    Gold trading strategy and gold price outlook over the medium term
    Prefer to sell gold in the medium term as long as the price of gold below the level of 1260
    Targeting the 1210 level of profit-taking
     

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