XAUUSD Gold found some support - Update 7th November, 2014

XAUUSD Gold found some support - Update 7th November, 2014

Daily Chart

• Above is a chart Dated back to 2010 to show the support levels we are currently at

Hourly Chart

• On a 4hr Chart, you could see that it produced a good pin bar from the support and inverse 127.2 fib - right at 1131

Outlook Trade opportunity

Could be interested for a pull back to resistance at 1150 for a price action signal to go short. Please refer to the Daily Chart where the 1150 was a good flip zone therefore This level should act as strong resistance

Risk Level __

Tips -

Always take note of any economical news event on our provided calender below