| Online: | |
| Visits: | |
| Stories: |
| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
Gold up trend in 1 hour
Thursday, April 9, 2015 1:49
% of readers think this story is Fact. Add your two cents.
Trend is bullish in 1 hour time frame. The intraday support could be seen at the price level of 1178.37 level. Yesterday, the price of XAU/USD tried to rise sharply with a gap which looks like start of a bullish trend. As long as the flow of market remains up, I am interested to take buying trading opportunities. If bearish candlestick closes below 1178.37 critical support level then up trend is going to end. Hence, I might like to quit trading XAU/USD and redo the 1 hour chart analysis.
Source: http://www.fxinstructor.com/blog/gold-up-trend-in-1-hour-2
