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Gold first resistance at 1225/26

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 05 April 2016 Gold Spot Gold first resistance at 1225/26 but shorts are a little risky - I would only try small shorts if you think this level could hold in the morning & stop above 1229. A break higher would target strong resistance at 1235/36. This is definitely the most important level of the day, probably of the week. Try shorts with stops above 1241. However we must be ready to reverse in to a long position if it looks like prices have made a breakout above 1238. This

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