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Daily Gold Analysis 27th July 2016

Gold Forecast

Daily Gold Analysis 27th July 2016

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Good Evening Gold Lovers

Gold is trading between small range since yesterday.We are bullish in gold as long as gold is trading above the support level which is at 1301-1297 area.We will look for buy entry from 1301-03 or after the break of 1326 which is hourly resistance.I am sharing 2 different time frame chart analysis below with the next movement diagram.Please see the charts below.

Daily Gold Technical Chart

4 Hour Gold Technical Chart

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

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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

Email : admin@dailygoldanalysis.com

Skype : mati_ji

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Mati

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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