for gold metal trading at trendline retest apparently, but not confirmed break by break support line. so should we wait until a confirmed break support line to open sell more safer.
http://i46.tinypic.com/qxvtzs.gif
Printable View
for gold metal trading at trendline retest apparently, but not confirmed break by break support line. so should we wait until a confirmed break support line to open sell more safer.
http://i46.tinypic.com/qxvtzs.gif
elliott impulse wave up 1618 it should try higher up to 1615 - 1619 entry point 1612 or 1609 after this rise a correction is expected
support and resistance
res2 1624
res1 1619
pivot 1612
sup1 1607
sup2 1599
Gold has formed several signals to buy, the price went up to the horizontal support level 1603 (down zone fractal) near which also pass and sliding alligator stochastics showed a buy signal on the hourly chart and visible signs of the consolidation and to the north by the main medium wave, the profit on the 1616.
waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nahi aayega..
So for gold i would recommend you guys to wait and watch
dear sir Current trend jo hai woh upward trend pe hai aur jab target hai 1557 agar price niche ki aur gaya toh lowest point hai iska 1526, breaking the trend turn to the downside targeting 1520 then 1529
In my forecast from Friday March 22 to Sunday March 24 Gold following their technical and computer analysis of the gold is in the ascending corridor on this basis consider the coming days to the level of reduction of gold 1603.43 breakdown of this support will move to the top of paving the way for the following purposes 1609.94 1612.00 per troy ounce.
http://storage9.static.itmages.ru/i/...d41d8cd98f.gif
Gold on the hourly chart has formed a channel in the north, the channel width is not very big but I think you can try to make purchases in the hope that the price will go above resistance 1615, as the price of the last candle was pressing more to the north level, so that a small wallet can go if will prove to be correct then the sample should be added.
Gold
bhai mere Main ye thread GOLD ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
gold today on h1 is down confirmed by price undre 1608.80 and under MA 200 IS FOR SHORT AREAsuport and risistance
r3 1630
r2 1623
r1 1618
pv 1611
s1 1606
s2 1599
s3 1594
http://charts.mql5.com/1/203/gold-h4...orex-group.png
we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 1609.40
stochastic refers that the pair will go up
so our target buy from 1608.40 and our target will 160pips
Good luck
:yahoo::happy::woo: