Lock Trading Between 1430-1480
GOLD is one of the most favorite metal for Forex, MCX traders. The yellow metal clearly trading in range bound between 1430 to 1480 level from last two weeks. Actually GOLD totally trading in sideways. But it is quite clear that there has big resistance zone on 1470-1480 level. Gold Traders can HOLD Short position on this level with STOP LOSS 1490 for target of its next support.Gold consolidating in range trading. However , our trading recommendation is SHORT GOLD on 1470 -80 Level for TARGET of 1450 , 1435
Strong Resistance Level :- 1470-1480
Strong Support Level:- 1430-1440
Suggestion for You:-
Traders are advice to trade with market by following important economic data , fundamental analysis. There has no role of emotions in currency, MCX markets. Always visit our BLOG to increase your FOREX profits. Must like our FACEBOOK PAGE to get real update. Have a Good Day !
