Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

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Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

Analysis of Gold for November 07, 2018

November 7, 2018 Analytics

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Recently, Gold has been trading sideways at the price of $1,231.00. Anyway, according to the H4 time – frame, I have found bullish flag in creation, which is a sign that Gold is in a consolidation phase. My advice is to watch for a breakout of the bullish flag to confirm further upward continuation. The upward targets are set at the price of $1,243.00 and at the price of $1,265.85

The material has been provided by InstaForex Company – www.instaforex.com

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