Trading news

GOLD Technical Analysis 01-05-2015

The yellow metal prices eased yesterday after the FOMC Statement decision on last Wednesday. The Fed has decided to continue its ongoing policy and current changing has been made. Gold moved more than $37/ounces in down word direction after this news.

Take a look on technical indicators.

Ichimoku cloud signal is bearish in H1 graph .In 1 hourly graph, tankan sen has crossed the Kijun sen and indicating some drop here. After the long wave A completion, this metal has completed the corrective wave 2 and now the 3rd Wave C has been started so 1159 can be seen in coming days.

Friday, 01 May, 2015 / 7:58

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


EUR dropped as Covid-19 engulfed Europe

  The focus of traders’ attention shifted from Brexit and the [...]

Posted on Wednesday, 28 Oct, 2020 / 11:27 under

Euro under fire as new lockdowns loom

  Euro on the chopping block ahead of potential French lockdown [...]

Posted on Wednesday, 28 Oct, 2020 / 10:06 under

DAX plummeting after Merkel proposed 1-month lockdown restrictions – DAX 30 Market Outlook – 28/10/2020

The Dax-30 is heading towards a third consecutive daily close in the red, [...]

Posted on Wednesday, 28 Oct, 2020 / 8:47 under