Gold Price Forecast and Analysis for Week 9 (Feb 26 – Mar 3) 2017

This is the profiteer’s Guide for this Week 9 (February 26- March 3) 2017.

My suggestions for this week are based on technical and fundamental analysis, where I see the market heading to in the next 5 days.

Use this analysis to maximize your profits, it will give you an edge in Gold trading and also keep you on the right side of the market.

My suggestions will be posted by 22:00 (GMT), on Sunday of every week.

The Market segment for XAU/USD this week will be changed according to the tables below:

XAU/USD	Resistance3	Resistance2	Resistance1	PIVOT	Support1	Support2	Support3
YEARLY 2017	1644.11	1509.51	1330.53	1195.93	1016.95	882.35	703.37
MONTHLY February	1312.52	1266.31	1238.29	1192.08	1164.06	1117.85	1089.83
WEEKLY Week 9	1302.87	1281.42	1268.9	1247.45	1234.93	1213.48	1200.96
DAILY Feb 27	1274.08	1267.03	1261.7	1254.65	1249.32	1242.27	1236.94

                                                         TRUE RANGE PRICE

XAU/USD	YEAR 2017	February 2017	WEEK 9, 2017	February 27, 2017
TRUE RANGE	1140.07 - 1240.68	1166.60 -  1210.27	1247.45 - 1256.38	1251.41 - 1256.38

Week Trade

Winning with Gold trading, XAU/USD price rose from previous week closed 1234.33 to the week high 1259.96, trading to a 4 month high. The trend index is still Bullish this week my eagle’s eye view of the market, it’s likely to see the price at 1340.00 reaching last year November 2016 high.  But according to my trading strategy I’m on short trade my key support is 1245.55 and key resistance for the week is 1300.00 as shown on the WEEKLY charts. Pay attention to the charts as an active traders we always know that it’s best to trade what you SEE, not what you THINK, have a solid strategy and follow your plan! If you don’t have a trading strategy, join Multipliers Group today.

XAU/USD       SELL @ 1257.55, Take Profit @ 1245.550

I strongly advise that if you don’t have minimum account of $1000, please don’t consider XAU/USD as your pair to trade because it is highly volatile and always take calculated risks into consideration when planning your trading strategy and ensure that you have sufficient funds in your trading account to cover any extra margin. Money management is the heart FOREX trading; it is the only way to manage the beast of greed and keep you in market. Stay Positive, Stay Green. 
Plan your trade, use your strategy and compare to my weekly analysis before taken a position. If you don’t have a trading strategy, Click the links Register to join Multipliers Group:  Forex Time  and Hot Forex  today.

DISCLAIMER: My followers have full access to my trading strategy, including specific trades each day that include the exact entry, exit, lot size, stop loss and profit targets for all FX pairs.

As you may know, I'm well-known in the Forex community as being someone who consistently delivers systems and strategies that make big profits.

“Formal education will make you a living; self-education will make you a fortune.” 

Join the moving train today; join Multipliers Group now, it’s time to forge a new path.

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Time is money. Invest it wisely. 

I wish you all good trades and a profitable week.

Kind Regards,
Kunle Okunrounmu,
Chief Strategist and CEO of "Multipliers Group".

If you have any questions, drop comment or you need help, please contact me on WhatsApp: +234-8154417007 

RISK WARNING: There is a high level of risk involved with trading leveraged products such as forex and CFD’s. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. If the risks involved still seem unclear to you, please seek independent advice