Tuesday 10 February 2015

Fx Tips: Precious Metals Gold , Buy @1236

Gold Daily


Fx Tips:
 Precious Metals Gold , Buy @1236
Stoploss @ 1225

Target 1 @ 1243

Target 2 @ 1249

Target 3 @ 1255


Resistance
1,240
1,260
1,270
Support
1,228
1,220
1,210


Gold fell, closing at $1235 an ounce. According to the 4-hour chart, as long as the gold is trading above the support line at $1,228 it is expected to rise back towards $1,270. However breaking below the support line may lead the precious metal to around $1,210.


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