GOLD Strengthens On Further Bullish Offensive

[JuliaITX]

GOLD: With the commodity breaking and holding above the 1129.00 zone on Wednesday, further bullishness is likely. On the downside, support comes in at the 1130.00 level where a break will turn attention to the 1120.00 level. Further down, a cut through here will open the door for a move lower towards the 1110.00 level. Below here if seen could trigger further downside pressure targeting the 1100.00 level. Conversely, resistance resides at the 1150.00 level where a break will aim at the 1160.00 level. A turn above there will expose the 1170.00 level. Further out, resistance stands at the 1180.00 level. All in all, GOLD looks to build up on its recovery strength.

Terkait:

• GBPUSD Faces Further Bullish Offensive
• USDCHF Retains Bullish Offensive But With Caution
• EURUSD: Faces Further Bullish Offensive Short Term
• USDCHF Rallied On Bullish Offensive With Eyes On 1.0100
• USDJPY Builds Up On Bullish Offensive

[AlexHales]

Trading on Gold can be extremely challenging, so got to be very wise with how we work. It is also something that requires higher investmnt which is why I am not exactly on with picking it. I trade with OctaFX broker where they have over 70 instruments to select from, I mostly go with currency pairs, it’s a lot easier with the superb conditions from tight spreads at 0.1 pips, over 70 instruments, fast execution and much more, it’s just ideal.

[RumanRaees]

Gold investmnt is not always right especially for newbies, if we want to make investmnt in Gold then we need to have larger capital in play and that’s why I don’t suggest it to newbies. It is vital that we go with reliable and trustworthy broker because they help us get it all right.