Gold ( xauusd ) signal
A good day for our gold signals subscribers . We asked them to buy xauusd last night . It fired and opened pretty well , our subscribers booked nearly 70 pips profit . Here is our trade advise to our subscribers .
Buy xauusd at 1246$ with stoploss of 1240$ for target of 1253$ . It fired and tested near 1254$ . We booked nearly 70 pips profit .
Currently this major commodity trading at 1252$ . A good support on daily chart stands at 1245$ . Once market break this and price sustain below this level . Then expect more pressure in this commodity prices upto 1237$ – 1230$ today .
Trend is in favor of buyers but stay cautious and trade with strict stoploss .
Read full forecast and technical levels for today’s trading session here