1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Gold is lower exactly as predicted & now below first support at 1228/27

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    4,018
    Likes Received:
    1
    Daily Forecast - 15 February 2016 Gold Spot Gold is lower exactly as predicted & now below first support at 1228/27 as I write over night. The next target of 1218 has been hit as we look for 1213 & perhaps as far as support at 1211/10. A good chance this will hold the downside at this stage so we can try longs with stops below 1205. Just be aware that a break lower targets 1200. First resistance at 1228/29 but a break above 1232 allows a recovery to 1240/42, perhaps as far as 1246/47.

    Continue reading...
     

Share This Page