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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.
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Gold is positioned to rise in the week ahead as jittery financial markets continue to fret about the pace of economic growth, driving safe haven demand for the yellow metal, while building expectations of another round of Federal Reserve stimulus compound upward pressure as investors look for alternative stores of value
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GOLD (Derived Data)
CFDS ON GOLD (US$ / OZ):TVC
1557.17
USD
+4.87 (+0.31%)
MARKET CLOSED (JAN 17 21:59 UTC)
1552.30
PREV
1552.40
OPEN
0
VOLUME
1549.53 — 1561.23
DAY'S RANGE
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I anticipate this pair GOLD have bullish course
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the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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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
gold
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.
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forex main gold per trading ker ney key leay ap key pas mukamal konwledge honi caheiy our buhat sara parctice our buhat zaida mony honi caheiy pher hi ap is per tarding ker saktey hai is main risk buhat hota hai
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Today Market trend:sell.
Current price aur previous price market ke down hony ka ishara de rahe hain.
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye or
ya achi website hay or new youser ko achi profit mal ta hay or to is sy ap behter earning kr skty hen is pair me tecnical indicators ko b smajna zriri hota hy is sy ap acha profit hasil kr skty hen
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hello my dear friends how are you , I hope you will be fine everyday
I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 35 pips from current price
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
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once in the prediction of several indicators for daily analysis
great day dear all member today because market trend is Upward that's indicator Bollinger Bands is trend down and signal Parabollic Sar is BULLISH TREND
then I recommend you to do the open position BUY with some criteria such as the following. fundamental analysis or technical analysis ko dekhte howey or market me ajj k din ki sport or resistence ko follow karte howey market ki postion main. market ke hisab se ap TP or SL set kr sakte hain umed krta hun ap ko mere analysis se fida ho ga or achi earning bhe ho ge ap logo ko. indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye
forex trading is a good way to make money from home, no doubt, but for that you need some special skills as patience is the key in the Forex market. trader must remain calm and calm in the market while losing several trades
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Hi
i think today market will recover some move to downward side and hope this will be same trend the main trend of gold is bearish and its
this short time trend i hope this will continue bearish trend.