1. Hello Guest Click here to check FX Binary Point Financial Directory

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

    Sep 1, 2015
    Likes Received:
    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

    Continue reading...

Share This Page