Forex & Gold signals
A good day for our Forex and Gold signals subscribers. We asked our clients to sell gold and buy usd/chf . Both trading calls achieved their target. Here is what we wrote to our subscribers today.
Forex signal
Buy Usd/Chf at 0.9695 with stop loss of 0.9564 for target of 0.9735. Usd/Chf fired and our subscribers exited at 0.9735 with 40 pips profit. We fetched nearly $400 profit per lot in this trade.
Currently usd/chf trading at 0.9745, A good support in this forex pair stands at 0.9705. If market break and sustain below this level. Then expect usd/chf to tank till 0.9670- 0.9640.
A resistance on technical chart stands at 0.9785, If market break and sustain above our resistance. Then expect good rise till 0.9820- .9860.
Usd/Chf trend is positive for now.
Gold signal
Our gold signal initiated last night at 1200.60$ , our subscribers were holding position overnight in this precious metals. Here is our gold signal.
Sell Gold at 1200.60$ with stop loss of 1207.60 for target of 1193$. Xauusd crashed vertically. We even mentioned gold trend weak in our today’s gold forecast. Our subscribers exited at 1193$ with more than 70 pips profit. We made nearly $700 profit per lot in this trade.
Currently xauusd trading at 1193.85$, A good support in this precious metal stands at 1188$. If traders break and sustain below this level will drive precious metals till 1181$- 1175$.
Resistance in gold chart stands at 1202$, If market break and sustain above our resistance. Then expect good recovery till 1208$- 1217$.
Gold trend is weak for now. Avoid any buying. Market may show some bounce but it should not use for any buying. I would wait for any buying position as we have Non farm data this week. Do not take major position till market is trading in small range. Always trade with stop loss.
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