Home Gold Forecast Daily Gold Analysis 7th April 2016 ( Update )
Daily Gold Analysis 7th April 2016 ( Update )

Daily Gold Analysis 7th April 2016 ( Update )


Good Evening Gold Riders

Gold finally break its resistance, we were waiting for few days.Break is confirm and the first target we set was 1249-51 area and second target may 1269-71.Now the broken resistance will act as a support.I suggest you to set your stoploss below the support.Market may also test the support before hitting the target or it can be achieve without correction.I am sharing 1 hour time frame chart for better  understanding.Support , invalidation and target area is mention below.

I am also sharing previous 1 hour chart for the reference of previous analysis

Previous 1 hour chart

1 Hour Gold Chart
  • Facebook
  • Twitter
  • Google+
  • reddit
  • LinkedIn
  • Tumblr

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

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

Wish you good luck and happy trading

Mati Ur Rehman

Gold Analyst @ dailygoldanalysis.com


Mati Ur Rehman Mati Ur Rehman is a forex analyst having 10+ years experience in the forex market.Started Forex trading in 2007. He is well known in Gold Analyst and having the proof track record.There are many followers of his analysis around the globe.


Your email address will not be published.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

Share This

Share This

Share this post with your friends!