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Now in gold can safely open the sale, the price going up to 200 moving around it formed a converging bearish triangle and just broke his lower boundary support in 1576 and that was the signal to sell, started south practiced signal masd, tries to open the next support 1556 (profit on it), a stop just above 1579.
gold market my aj kal bara congested sa chal raha hay mujay lagta hay k gold 1520 per es k aik achi baying banti hay aur stop 1506 k aur tomarrow 1595 per aik achi sell hayjes ka stop 1602hay
http://charts.mql5.com/1/289/gold-d1...orex-group.png
hi
how are you
we can see in the 1d chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1624.53
stochastic refers that the pair will go up
so our target buy from 1572.49 and our target will 5245pips
Good luck
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GOLD H1 USING PIVOT STRATEGY
SELL GOLD BECAUSE GOLD OPENED BELOW PIVOT POINT
TP S1, DONT FORGET TO USE SL+
Gold analysis for 04.09.2013 by using pivot indicator.
r3: 1597.41
r2: 1590.13
r1: 1581.58
pivot: 1574.30
s1: 1565.75
s2: 1558.47
s3: 1549.92
http://charts.mql5.com/1/290/gold-d1...orex-group.png
hi
how are you
we can see in the 1d chart
the pair will go up to fibo 23.6
I see the pair will go to up way to 1591.83
stochastic refers that the pair will go up
so our target buy from 1573.71 and our target will 1864pips
Good luck
Bias gold in the morning session today is Bullish to Bearish Momentum, where after confirming the range of visible gold in 1575 as Resistance then gold will be potentially traded lower back up to the range of Support in 1550. Conversely, if gold traded back above the 1575 range and confirm it as a Support then the pair will potentially traded up to a range from 1590 to 1600.
Gold ka 1 bahut strong resistance lagta hai 1550 pe...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
now dominate gold buyer. ranging from weekly buyer, buyer daily. greatest probability is buy. but the seller still dominate the market monthly. safe buy if the price moved through buyer-seller monthly balance. use your favorite strategies and only take buy signals. area which may be objective price is 1580.54 and 1585.50
happy trading
GOLD (Spot) intraday: the bias remains bullish.
Pivot: 1567.00
Our preference: LONG positions above 1567 with 1583 & 1589 as next targets.
Alternative scenario: The downside penetration of 1567 will call for a slide towards 1562 & 1556.
Comment: gold prices are supported by a rising trend line. Both , the price and the RSI have broken above declining trend lines. A test of 1589 is likely.