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  2. Technical Analysis
  3. XAU/USD Signal - May 15, 2012
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XAU/USD Signal - May 15, 2012

By Forex Royals
Forex Royals
By Forex Royals
Forex Royals (ForexRoyals.com) is one of the leading account management and Forex signal services in the Middle East. Forex Royals consists of five analysts that specializes in the field of stocks and currency trading. They also provide sell/buy recommendations, take profit or stop loss on the major currency pairs which include: EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD, and different kinds of commodities.

By: Forex Royals

Currency: XAU/USD
Trend Expected Direction: Uptrend
Method: MACD Convergence
Description: The XAU/USD is currently forming a MACD convergence , as we can notice , the MACD shows possible convergence and the MACD line crossed the MACD signal line.
Action: Buy
Target Area: First target 1580 second target 1610
Stop Loss: 1500

XAU/USD Signal May 15, 2012

Forex Royals
About Forex Royals
Forex Royals (ForexRoyals.com) is one of the leading account management and Forex signal services in the Middle East. Forex Royals consists of five analysts that specializes in the field of stocks and currency trading. They also provide sell/buy recommendations, take profit or stop loss on the major currency pairs which include: EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD, and different kinds of commodities.
 

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