we can see in the 1w chart
I see the pair will go to down way to 1358.07
stochastic refers that the pair will go down
so our target sell from 1360.17 and our target will 210pips
Good luck
Printable View
we can see in the 1w chart
I see the pair will go to down way to 1358.07
stochastic refers that the pair will go down
so our target sell from 1360.17 and our target will 210pips
Good luck
Gold looks to resume growth in the north, the last hour candlesticks are very aggressive, now you can forget about the sale, to buy forward to strengthen the horizontal resistance above 1390 which would open the way to 1418 (District 200 MA) and 1430.
i plan to sell gold @ 1395.100
my stop loss of the day @ 1405.100
half take profit @ 1380.100
and half @ 1360.100
Gold over the last few hours have increased and came to the horizontal resistance 1390, stochastic together with RSI, in the upper zone and preparing to file a sell signal, the pivot point above 1400 figures, goal 1343.
http://storage9.static.itmages.ru/i/...0136f0a13e.png
crucial reversal point 1367 market should not go lower than 1355 - 1343 after this move down it shoulfd go up to 1374 - 1380
support and resistances
res2 1405
res1 1389
pivot 1368
sup1 1343
sup2 1330
GOLD,H1
Date 2013.05.21
Time 01:00
Open 1393.55
High 1394.91
Low 1392.52
Close 1392.80
Volume 455
SMA(5) 1393.08
SMA(10) 1381.51
SMA(20) 1365.43
SMA(50) 1368.72
SMA(100) 1384.95
SAR 1375.82
Indicator window 1
Stoch(5,3,3) 74.2848
Signal 81.1195
Indicator window 2
RSI(14) 70.4705
Indicator window 3
MACD(12,26,9) 8.754
Signal 3.402
Indicator window 4
%R(14) -12.9336
GOLD,H1
Date 2013.05.21
Time 01:00
Open 1393.55
High 1394.91
Low 1392.52
Close 1392.80
Volume 455
SMA(5) 1393.08
SMA(10) 1381.51
SMA(20) 1365.43
SMA(50) 1368.72
SMA(100) 1384.95
SAR 1375.82
Indicator window 1
Stoch(5,3,3) 74.2848
Signal 81.1195
Indicator window 2
RSI(14) 70.4705
Indicator window 3
MACD(12,26,9) 8.754
Signal 3.402
Indicator window 4
%R(14) -12.9336
based on combination of indicators above,
trend : BULLISH
I see the pair will go to down way to 1386.10
stochastic refers that the pair will go down
so our target sell from 1388.10 and our target will 200pips
Good luck
Gold pivot levels by using fibonacci pivot indicator.
r3: 1438.29
r2: 1414.88
r1: 1400.42
pivot : 1377.00
s1: 1353.59
s2: 1339.13
s3: 1315.71
gold market analysis by using : average directional movement index
adx : 27.6310
+di : 16.1415
-di : 12.8288
timeframe : h1
time : 0700
date : 21.05.2013
today i like to sell Gold @ 1398.100
my stop loss of the day @ 1406.100
half take profit @ 1388.100
and half @ 1374.100