XAUUSD Daily Forecast Apr 09 2014

The XAUUSD  maintained  a bullish momentum yesterday , printed support at the 1296  levels , and topped at the 1314 levels . This development leaves the pair targeting the 1324  levels , a halt is likely , but a break would open 1335 next, further upside will aim the 1350 levels.

On the downside , support comes at the 1303 levels ahead of 1296 (main) , stability above this level will keep pushing to the upside , but losing the 1296  levels on a daily closing basis will open  1284 levels ahead of the 1277 levels , further downside will aim the 1265  levels.

In all , as long as support 1296 holds on a daily closing basis , the XAUUSD  will remain based to the upside towards the 1324 levels ahead of the 1335 levels , losing  1296  levels will reverse risks towards the 1284/1277  levels….


XAUUSD Daily Forecast Apr 09 2014




  1. wonderful points altogether, you simply gained emblem reader. What could you recommend about your publish that you made some days ago? Any sure?

Comments are closed.