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Free gold trading signals today


GOLD 

buy @ 1242

tp @ 1256

sl @ 1235

 

Explain gold trading signals today

Gold is preferred to buy on FX market as long as Gold below 1235 as a stop loss and exit from the deal targeting the 1256 level of take profit

Take profit why determine tp @ 1256 this level represent previous resistance level        

Stop loss level sl @ 1235 under the support level 1237

Free gold trading signals analysis

 

Down Trend demonstrate gold trading on medium and near term

Trend lines

 The gold break out near term down trend line near 1245

Chart pattern today for gold forex trading signals

 ZIGZAG, Measured move pattern gold price draw down ZIGZAG, Measured move pattern from level 1265 to 1242

The wave two equal 78% from wave one length FIBO EXPANSION

Important Support and resistance level today

Level 1236 represent support level on long term and give buy signals

Rsi

Gold also formed the bullish divergence pattern on the RSI on the 4 hour and 4 hour frame