Gold signal

A good day for our gold signals subscribers . We asked them to sell this precious metal . It cracked and our subscribers booked profits on our target . Here is what we wrote to our subscribers .

Sell gold at 1195.50$ with stoploss of 1202.50$ for target of 1188$ .

It crashed beautifully as it made low of 1187.90 only . Our signal target achieved . We made approx 75 pips profit in this trade .

Currently Comex prices trading at 1194$ . A good hurdle at 1202$ . Once traders break this and sustain above this level . Then more fire power to buyers . A good support at 1187$ . Once traders take this support out and manage to sustain trade beneth our support today . Then expect gold price to test upto 1180$ – 1172$ today . Trend is in favor of bears but remain cautious above 1200$

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By marafat