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Thread: Gold

  1. #8094
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gold
    time frame- h1

    technical analysis-



    the rsi indicator is showing overbought as moving level 70 and in the price chart its up movement break the resistance at 1245.50 level. the price is also making pull up from the support so up movement continue can expected. hold the long entry with stop loss at 1225.00

    good luck

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  2. #8093
    Senior Member Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey's Avatar
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    Gold have not big potential to grow, but move to 1264 is not bed for less time frame. I think on 1264 we will see strength seller, who will protect top on this range,

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  3. #8092
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gold
    time frame- h1

    technical analysis-



    the movement of the price is in up trend channel pattern with having support at 1225.00 level and resistance 1245.00 level. the rsi indicator is moving up and in the price chart it may hit the resistance then it may again down side. hold the long entry with stop loss at 1230.00
    good luck

    ---------- Post added at 08:58 PM ---------- Previous post was at 08:52 PM ----------

    pair- silver
    time frame- h4

    technical analysis-



    the price is not able to move below the support at 14.87 level and it is again up side with break the resistance at 15.16 level. the stoch indicator is moving out overbought level but the price is not able to fall and again up side. this up movement may to higher resistance at 15.55 level. hold the long entry with stop loss at 14.75
    good luck

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  4. #8091
    Senior Member Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey's Avatar
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    I don't know why it so long going to target, but 1200 will be. If we will see new week high today, it will mean about movement to 1264, and just after that go to down bellow then 1200. But I hope it will go without that big up provocations

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  5. #8090
    Senior Member Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey's Avatar
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    still in range and I still wait move to lower border

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  6. #8089
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gold
    time frame- h1

    technical analysis-



    the up movement of the price is break the resistance trend line at 1233.40 level. it is also fibo resistance level 50. the price is showing overbought with rsi indicator as moving level 70. the up movement may again rejecting down side. short with profit target 1215.00 and stop loss at 1242.00
    good luck

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  7. #8088
    Senior Member Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey's Avatar
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    I thought about power on bottom big range, but USDJPY couldn't do that, Now balance is short and better play to short.
    Update status

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  8. #8087
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gold
    time frame- h1

    technical analysis-



    the price is not able to break the lower support at the 1208.00 level and it is may again turn up side. the rsi indicator is moving out from the oversold level 30 but price having resistance at 1226.50 level. hold the long entry with profit target at 1250.00 and stop loss at 1200.00
    good luck

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  9. #8086
    Senior Member Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey is a splendid one to behold Aleksey's Avatar
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    I think gold in big range and now it will go to bottom or more lower

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  10. #8085
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gold
    time frame- h1

    technical analysis-



    the rsi indicator is moving out from the overbought level 70 and in the price chart its up movement is rejecting from fibo 61.8 level. this is not able to move 1243.00 level. lower side this break the support at 1233.50 level and its down movement can setup to the level 1200.00. short with stop loss at 1265.00
    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.


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