GOLD/USD Forecast November 24, 2014 - Technical Analysis | MBCFX.com
  Online, Forex, trading, online trading platforms, Meta Trader 4, MBCFX Advanced Platform, Inter-Bank Currenex platform, trade, online, Spot Oil, Spot Gold, Spot Silver, Futures & Commodities, Equities,  currency trading, customer service, financial markets
                 
Demo   Live   Report  
     
               
 
 English       |   Contact
   
 
    Home        Services        Products        Back Office        Education        Download center        About Us  
  


GOLD/USD Forecast November 24, 2014
 
Open Account
  Download Center
Metatrader 4,MBCFX Advanced Platform,Currenex platform
  Contact Info
  Request a
  Call Back
  E-mail Response
  Online Chat
     
     
  Free Signals
 
Register Now and start receiving :

Real time alerts, when to buy/sell, take profit, stop loss.
Live Daily Technical/ Fundamental Analysis.
And more...

Full Name :

E-Mail :

Phone :

Country :

Previous news

24/11/2014
21/11/2014
20/11/2014
19/11/2014
18/11/2014
17/11/2014
14/11/2014
13/11/2014
12/11/2014
11/11/2014
10/11/2014
07/11/2014
06/11/2014
05/11/2014
04/11/2014
03/11/2014
  


Fundamental Analysis

Gold is trading near the highest level in 3 weeks, holding its gains from the previous session supported by speculations of a rate cut in China, which would boost demand for the yellow metal in the top consumer of Gold, however the gains remained limited due to strong dollar.

Technical Analysis



The Gold prices remain steady at the beginning of this week trading session around $1200 per ounce.
And we expect further recover of the Gold on the weekly and monthly term supported by the formation of the MSL (Market Structure Low) at the bottom of $1131.63 , and the close above the Trigger Pint at $1193.
On the short term trading, the Gold is expected to rise further toward $1209, then $1216 per ounce.
And the general trend of the Gold would remain bullish which would represent good opportunities to enter buy potions, however we recommend dour dear traders to monitor the $1178 as the main support level.

Support 2 Support 1Current PricesResistance 1Resistance 2
11781193120012061214

To follow the rest of the technical analysis and to know the next target of the Pound, Gold, Silver and other currency pairs please subscribe to Capitol Academy Daily Newsletters on:
www.capitol-academy.com/en/form_fx.html

And start receiving buy and sell signals, with Entry and Take profit prices.

For more info please contact us at: info@mbcfx.com

   

Are you interested to learn the Technical & Fundamental Analysis?

MBCFX Industry Experts offer you a unique opportunity through interactive live Free Webinar sessions to learn:

. How to read charts and perform advanced technical analysis.
. How to place trades and understand order types, as well as managing positions.
. How to trade Forex as well as other instruments we offer, such as oil, gold, etc.

Every webinar will conclude with 30 minutes with a live Q&A session.


  The Services on this Website are not being offered in the UNITED STATES, to US RESIDENTS or US PERSONS as defined under US law.
Foreign Exchange (FX) and Margin trading is a high risk investment and it is possible to lose more than your initial investment. Only speculate with money you can afford to lose. These products may not be suitable for all investors, therefore ensure you fully understand the risks involved and seek independent advice if necessary.
 
  © September 2010 mbcfx.com | Privacy Policy | Risk Disclosure | Terms Of Service | Client Agreement |Currency Converter