Gold signal

A good day for our gold signals subscribers. I asked them to buy gold 2 days ago. Since then we are holding our positions and waiting for target. Today xauusd fired and our subscribers exited at our target. Lets see what gold signal we wrote to our subscribers.

Buy Gold at 1286$ with stop loss of 1279$ for target of 1293.50$. Xauusd fired today and our subscribers exited at 1293.50$. We made nearly 75 pips in this trade. We fetched approx $750 per lot in this trade.

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Currently gold price trading at 1292.30$. Xauusd already trading above 1292$ which was a mild resistance which I mentioned in yesterday’s forecast. Now resistance stands at 1302$ once market break and sustain above 1302$. Then expect good firepower in gold price till 1309$- 1317$.

Support now stands at 1278$. This is a very major support in gold for now. Once traders break and sustain below our base today. Then expect good pressure in xauusd price till 1270$- 1262$.

For now gold trend is positive but dont forget to read detailed analysis here

By marafat