Gold price predictions and free daily forex trading signals
The price of gold is still falling in the commodity market.
A new wave of decline can only be stopped by a weak support level of 1850.00. When this level is broken, you can safely open a short position with the goal of 1200 pips in one trade. The gold price forecast for several days is a downtrend to the level of 183.00, where the price may receive support.
Order Type: Pending Order - Sell Stop
Entry Price at 1850.00
Take Profit at 1838.00
Pips Earning: 1200
How to invest on forex:
EURUSD sell at the price of 1.0470
USDJPY buy at the price of 130.60
GBPUSD sell at the price of 1.2260
USDCHF buy at the price of 0.9965
Result of a trading recommendation.
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Trading price for Gold
The profit can be $120.00 if the trading volume of 10 Tr. Oz.