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  4. XAU/USD Signal - October 22, 2012
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XAU/USD Signal - October 22, 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.

Currency: GOLD
Trend Expected Direction: Uptrend
Method : MACD Convergence
Description: The GOLD 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: Best action is to buy.
Target Area: first target 1740
Stop Loss: 1705

XAU/USD Trading Signal Chart

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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