Gold signal
A good day for our Gold signals subscribers. We asked them to buy this precious metal in morning. It fired and our subscribers just exited on our target. Here is what we wrote to our subscribers today.
Buy gold at 1196.50$ with stop loss of 1190$ for target of 1204$.
Xauusd fired and made high above 1204$ so far. Our subscribers exited at 1204$ and fetched more than 70 pips profit in this trade. Our clients made more than $700 profit per lot.
I already mentioned in our chat room not to sell precious metals. All our chat room visitors did not sell and saved themselves. Click here to join our free chat room now to get all benefits and interact with other traders too.
Currently gold prices trading at 1203.50$. A good resistance now stands in xauusd at 1209$. If market break and sustain above our resistance. Then expect good rise in gold price till 1217$- 1224$.
Support in gold price now stands at 1198$. This major base is very crucial. Once market break and sustain below this level. Then expect good pressure till 1191$- 1184$.
Gold trend is positive now. In our morning gold forecast ( click here to read ) i mentioned weak trend but now trend has turned positive so avoid any major selling in precious metals.
Even silver is in positive zone. Xagusd is approaching our resistance which we mentioned in our today’s gold update. Avoid selling this precious metal too. Once silver break 14.30$ and sustain above our resistance. Then expect good buying in this commodity till 14.55$- 14.80$.
Support in silver price stands at 13.90$. Xagusd need to break this base before resume any selling. Once market break and sustain below this level. Then expect more pressure till 13.70$- 13.50$.
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