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Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
--- Update ---
Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
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Gold- currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
1613.56 - 1624.83 - 1634.66
Resistance 1 - Resistance 2 - Resistance 3.
1655.76 - 1667.03 - 1676.86
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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Intraday gold: consolidation.
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https://indian-forex.com/customavatars/381664006gif
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* Pivot point: 1629.00
Our preference: short position below 1629.00 with targets at 1606.00 & 1594.00 in extension.
Alternative scenario: in excess of 1629.00, aim for a further increase with 1637.00 & 1645.00 in sight.
Comment: the RSI is mixed with a bearish bias
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March 30 (Reuters) - Gold prices edged up on Monday as the U.S dollar hovered near a two-week low touched in the previous session, while coronavirus lockdowns tightened across the world and stoked fears of economic damage, lifting demand for safe-haven bullion.
FUNDAMENTALS
* Spot gold was up 0.3% at $1,621.85 per ounce, as of 0029 GMT. U.S. gold futures rose 1% to $1,641.80.
* The dollar was holding close to its lowest since March 17, touched on Friday, making gold cheaper for investors holding other currencies.
* Physical gold dealers struggled to meet surging safe-haven demand last week, especially in Singapore, as the outbreak choked global supply chains, while massive discounts were offered in India amidst a lockdown.
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Gold reached a level of resistance at 1840.52. Upon successful breakthrough at these levels, precious metals will begin restoring lost positions yesterday. An unsuccessful test of these levels, gold will make a correction to the short diagonal support in 1806.50/1807.50. There is narrowing of the range upward, resembling trigagalnik. Technical indicators give a buy signal.
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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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Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.
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Forex is not an easy task I know that is not made easy for every one for those who are ready to control their emotion fair and even greedy are trade in forex... forex is not easy to study and earn money easily. Half see values move the tiring, exhausting 100% accuracy is usually not a CI management we have | If we | {but maybe Easy Forex are usually after a projected movement of the United States Treasury does not appreciate} turned greedy, got the most benefit.
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Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
Please like my post
🌷Thank you very much🎋
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GOLD
Market trend is Bearish
Support 1621
Support 1632
Support 1644
Resistance 1611
Resistance 1591
Resistance 1585
