Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
http://prntscr.com/5he37z
analysis for today 12 / 17 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1197.00
Retracement (50%) 1197.84
retracement (61,8%) 1198.67
Extensions (61.8%) 1189.95
Extensions (100.0%) 1187.26
Extensions (138.2%) 1184.57
Extensions (161.8%) 1182.90
calculation based on a Fibonacci retracement then today I choose sell
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
http://prntscr.com/5he37z
analysis for today 12 / 16 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1202.79
Retracement (50%) 1202.95
retracement (61,8%) 1203.10
Extensions (61.8%) 1201.44
Extensions (100.0%) 1200.92
Extensions (138.2%) 1200.40
Extensions (161.8%) 1200.09
calculation based on a Fibonacci retracement then today I choose sell
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
As long as we're below 1240, we'll see Gold slumping below $1100 very soon because FEDs are going for hike rate soon! Tomorrow is important day as it is FOMC. So we'll see how it goes and then I will short or long accordingly! But right now I'm holding short from $1230
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
gold To day support and resistance date.16/12/2014
Resistance 1:1210.89
Resistance 2:1217.65
Resistance 3:1223.75
Power pivot:1204.00
Support 1:1200.00
Support 2:1194.35
Support 3:1186.00
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
pair- gold
analysis time frame- m30
the up movement of the price is not able to break the resistance at 1240.00 level and again in the down trend side. the price and macd indicator is continue making lower to low. this down movement may hold at the support 1180.00 level. hold the short entry with stop loss at 1225.00 level.
good luck.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
On the XAUUSD 1H chart we can see a bearish trend as we can notice the red arrow on the chart the trend is supported with a top located at 1227.35 which can be used as a strong resistance that the price couldn't go above it in case that the bearish trend still strong.
The parabolic sar dots is located above the candles that is a sign that the price is going to move down In case that the selling trades are happening we can consider the support which located at 1209.4 as a good area to close some of the open positions as the price has a good chance to go north after hitting it.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
As I can see on the XAUUSD hour chart the daily open for today was lower than the last day which can be a good signal for a south direction of the market.
Now when focusing on the chart you can easily get the signal form the red down arrow which shown above the price candles to indicate a probably of bearish direction on the upcoming day.
And about the strong levels that the price may need to fight in order to break it you can monitor that there is a strong support located at the price 1216.4 and I think it is hard for the price to break it down then I guess I will use it as a primary take profit level for any short positions that I may enter.
I also always keep an eye on the check and trader indicators to help me filtering the fake trend signals and they have to show a red line for the check and a red color for the trend indicator before I decide to enter the short positions.
.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
On the XAUUSD hourly chart we can see that a strong bearish trend is happening as the Blade oscillator is now at the 1.322 area below the level of balance and also the indicator is colored in red that is a strong indication of bearish direction on the short term.
Another buy signal is shown on the moving average indicator as it is heading upward to let me think that the last top performed at 1217.97 could be a good place to set any sell position's stop loss level at .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
There are currently users online. members and guests
Threads:
Posts:
Member: