Oil

(Kitco News) -Hope may spring eternal but reality is starting to bite within the precious metals space as one U.S. bank is revising down its forecast for gold and silver prices.

In a note Friday, analysts at Bank of America Securities said that they see gold prices averaging the year at $1,619 an ounce, down slightly from its previous average forecast of $1,625.

“We have also reduced forecasts for the precious metals after margin calls triggered a round of long liquidations especially in gold,” the analyst said.

The comments come as the gold market fights to push above $1,500 an ounce. April gold futures last traded at $1,496.80 an ounce, up more than 1% on the day.

Today Market trend/Sell
Current price aur previous price market ke Sell hony ka ishara de rahe hain
Resistance and Support points bhi market ke Sell hony ka ishara de rahe hain
is liye hamein is mein sell hi karnaa chahiye is ke market mein aj hamein is mein Sell karnne se profit mile ga

oil kaafi time se bnahut strong chal raha tha may be because of Libiya riots..
lekin last kuch dino se oil kaafi down gaya hai..isne recently 94 ki value ko tod diya hai..
ab tak isne uptrend ka koi signal nahi diya..to lagta hai ki ye aur neeceh ja sakta hai

Respected members of Indian forum.

This pair surely increas the movement down
Side, because of indicators show that the down
Trend.

Pivot Point, Moving average ,Crunt price, Rsi,
Resistance and Supporting points, MACD,
Parabolic sar, Bollinger Band, H4, H1, M30,

All the indicators running the favor down
Side. So market trend this time is sell
**********Good night

Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.

Hallow friends Hope all of you are fine!
Trading stratigies as our demand like gold trading is most beneficial as compared to other currencies
the matter is not the trading of gold at all But, Important is the ways through which we gain our profit or loss.
So we all want to attend or recieve all informaton that is important to know the traditional trading environment.
We always admit this is the best plateform ,
I mean Indian Forex is always be the best plateform ever.
Hopefull next always we are helped to each others to understand the basic environment.
So friends be carefull and helped each other.
One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
the best approach is only Gold trading all friends So our first priorities are trading through Gold statistics.
Best of luck!!
Keep it Up !!
Thank You.

Oil

Forex forum is the best forum in the world to earning good profit by trading online in part time .
In this forum we can invest money in this forum and made trading to earn good profit. I like zigzag and Rsi indicator for signal of trading. Friends I have expert in 2 indicators plz use this and gain good profit.
Oscillator sales volume
Current price, support level shows for markit going down points and resistance level shows market is going up.
If markit indicator shows markit is going up trader on trading on buy and if indicator shows markit going down you trading on sell and earn good profit. Instaforex is the best for online investing and trading.

Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time

Dear i.forex members
On this Day i will predicted this pair have being bearish down direction
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR
the market trend could remain in this position and I expected support resistance levels
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator
I suggest to take short terms position on SELL today

Today this pair of Market trends & technical Analysis justified for me
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY

OIL

Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction
4hour time frame also telling these condtional exprations
Indicator shows market going UP and technical Analysis same thing
All technical and fandamantal follow the BUYing trends

Note:Always Follow the making experienced with others having great knowledge about trading