Gold

gold is a good trading and good porfit. daily porfit 50 pips

INTRADAY CHART 9th April : Obviously I didn't have the expanded flat in mind. However, now that this appears to be the case we have a much easier prospect for a target high where the downtrend should resume… and quite a downtrend is implied... For now we should see Wave iii high extend to either the 323.6% or 361.8% projection between 1,603.25 -1,609.60. Expect a pullback of around 41.4% followed by a move up to the 1,625.71 area where Wave (b) will have retraced by 50%

As you see in my following attached chart, and as we mentioned in our last update for gold, the price suffered sharp losses, settling now above 1550.00, being under negative pressure coming from EMA50, while stochastic provides positive signs on the daily timeframe.
This contradiction makes us need to stay aside, awaiting for clearer signals for the trend, while 1575.00 and 1550.00 levels has the keys of the next intraday trend.

5 dollars in prize money will go free after another upbeat beached whale was formed on a daily basis and keep graphique destroyed in 1551 and to see some rapid rally in a larger, buy the answer to a larger system;

http://charts.mql5.com/1/310/gold-d1...orex-group.png


hi

how are you

we can see in the 1d chart

the pair will go to down way to the down trend line

i see the pair will go to down way to 1556.64

stochastic refers that the pair will go down

so our target sell from 1557.64 and our target will 100ips

Good luck

GOLD (Spot) intraday: key ST resistance at 1568

Pivot: 1568.00
Our preference: SHORT positions below 1568 with targets @ 1549 & 1540.
Alternative scenario: The upside penetration of 1568 will call for 1576 & 1583.
Comment: the descending 50 moving average suggests that gold prices still have potential for a decline.

a strong prediction about gold is that it has a bearish trend in future,but due to the increase in chinese inflation rate GOLD had got a space to move upward but not for so long
if u put sell in this position u got a huge profit as it will move downward till 1535.

http://charts.mql5.com/1/311/gold-d1...orex-group.png


hi

how are you

we can see in the 1d chart

the pair will go to down way to the down trend line

i see the pair will go to down way to 1563.23

stochastic refers that the pair will go down

so our target sell from 1564.23 and our target will 100ips

Good luck

I place a pending buying order @ 1557.10
stop loss for today is @ 1549.45
take profit for today @ 1577.35

elliott flat correction down 1543.93 support and resistances
res2 1600
res1 1579
pivot 1546
sup1 1546
sup2 1534