Gold analysis

We simply analyzed the Gold chart with Moving average and trend line and seeing that the market is coming down and so sellers should take an entry at 1279.41 and the target point is at 1274.31.

Gold is such a pair which is always favorite to me because of it’s nature. It’s a fast moving pair and gives me quick feedback. It is genial for EA trading, scalping and hedging. With Trade12 I can nicely operate scalping because here I have smart bridge technology, narrow trading spread, easy entrance to other market and I face no technical errors here like dealing desk, reqoutes and slippage.