Home Gold Forecast Daily Gold Analysis 8th April 2016 ( Update )
Daily Gold Analysis 8th April 2016 ( Update )

Daily Gold Analysis 8th April 2016 ( Update )

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Good Evening Forex Friends

We were expecting a correction before a new bounce.Price move lower to the first Fibonacci support and bounce with high at 1240-41.Price move exactly according to our expectationsbut could reach our target today.I suggest you to close all position.We will come back with a fresh trade idea.Hope we will get better price to jump again.I am sharing update 1 hour chart below.Please have a look.

1 Hour Chart

1 Hour Update Chart

I am also sharing previous 1 hour chart for the reference

Previous 1 hour Chart

1 Hour Gold

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Mati Ur Rehman

Gold Analyst @ dailygoldanalysis.com

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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.

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