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Daily Gold Analysis 14th April 2016 ( Update )

Gold Forecast

Daily Gold Analysis 14th April 2016 ( Update )


Good Evening Forex Friends

In our morning analysis we were expecting a bounce from 1231-33 level , Price move lower around 1229 and  bounce exactly according to our expectations and give a high at 1243.Our first target was 1251 that is still the same and expecting to meet today.Price could also move lower to test the support again.Please keep in mind this short term trade idea is valid untill price is above the invalidation point i have mention in the chart below.If gold move down and close below the support line, we will consider this trade idea invalidate.Please go through the chart below.

4 Hour Update Chart

For the reference of previous analysis i am also sharing previous 4 hour chart below

Previous 4 hour chart

Note : Never risk more then 2% of your account capital in single trade.Always trade with proper risk management plan.

Site Announcement And Updates

We are also starting video analysis from next week.We are working to make quality videos to give better understanding of our analysis.Our team is working to start education session very soon for beginners to understand the Forex basics.Those who want pro Forex technical analysis course can contact us via email.

Trade Recommendations : Those who want our trade recommendations with proper entry and target points may contact us via email.We have set our minimum fees for the paid clients.

( Our paid clients already get nice profit from our previous week recommendations )

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Email : admin@dailygoldanalysis.com

Skype : mati_ji

Feel free to comment below if you have any concern regarding charts and analysis.Your feedback is always welcome and help us to improve.

Wish you good luck and happy trading

Mati Ur Rehman

Gold Analyst @ dailygoldanalysis.com


Mati Ur Rehman is a forex trader having 11 years experience in the field and knows as a technical analyst. He is an expert in XAUUSD Gold Analysis.

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  1. Muhammad Shakeel April 14, 2016

    I am new trader

    1. Mati Ur Rehman April 14, 2016

      Welcome Muhammad , In our forex family.
      I suggest you to visit our website daily , it will help you to learn and understand the analysis.

  2. wanpen April 17, 2016

    I am Tina pls advice the entry point of next week trading


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