Home Gold Forecast Daily Gold Analysis 30th March 2016 ( Analysis Update )
Daily Gold Analysis 30th March 2016 ( Analysis Update )

Daily Gold Analysis 30th March 2016 ( Analysis Update )


Good Evening Gold Lovers

Morning analysis we were expecting some correction before a possible bounce.Price move lower give a low at 1230-31 level.I am expecting little more down movement to get a better price to buy gold.This correction may end at 1221-22 or extend to the 1 hour support at 1213-15 level.That may be the best buying area for gold.If price couldnt complete the correction and bounce, then we will look for possible buying after the break of 1 hour resistance at 1241-43 level.I spot the resistance and buying one in a chart below.Please have a look.

1 Hour Chart

1 Hour Update Chart

Below is the previous 1 hour chart Analysis that was posted in the morning.

Previous 1 Hour Chart

1 Hour Chart

Note : I suggest you to buy from the lower price to  get better points or watch the resistance break in 1 hour chart to get entry confirmation.

Never risk more then 2% of your trade account in single trade.Adjust your stoploss and lot sizez according to money management plan.

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.

Forex Education : Those who want to learn forex technical analysis can contact us via email.We will start our skype classes session for interested members.

Email : admin@dailygoldanalysis.com

Skype : mati_ji

We always welcome the feedback and comments regarding charts and analysis.

Wish you best of luck for trading

Mati Ur Rehman

Gold Analyst @ dailygoldanalysis.com


Mati Ur Rehman Mati Ur Rehman is a forex analyst having 8 years experience in forex market.He is well known in Gold Analyst and having proof track record.There are many followers of his analysis around the globe.


Your email address will not be published. Required fields are marked *