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the pair can not break the resistance level to up way in 1h chart
stochastic refers to down way
so the pair will continue to down way
so sell the pair and our target will 1337.4
stop loss will 1361.55
http://www11.0zz0.com/2013/10/29/20/997109282.png
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time chart = 15 min
RSI14= buy
MACD =sell
A D X=sell
so i will sell market from 1344
TAKE PROFIT 1: 1349.20
STOP LOSE 1: 1349.25
good luck
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Gold helps to make huge profit in insta forex and it is a matter of great joy that it gives a chance of making established in forex but there also a problem in that is there happens a great problem if u don't study the market of gold
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the pair price already touched daily resistance 1 level 1345.42 and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 1343.42
so sell now from 1344.82
the pivot point will be my target
stop loss will be above the resistance 1 level 1345.42
:(:(
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price now is 1344.5
Price Facing The 1343.2 Strong support
, If 4h Candle Close above It , We Can See 1347.44 As First Target
. If Close Again above This support 1347.44 , We Will See 1352.88 As 2nd Target
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Standard pivots
R3 1367.89
R2 1362.85
R1 1356.23
PIVOT 1348.40
S1 1336.45
S2 1328.65
S3 1321.74
http://www7.0zz0.com/2013/10/29/22/808213490.png
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hi
i see the pair go up
so i will buy from 1342
my stop loss 450pips
my profit1 : 1348
my profit2 :1351.30
good luck
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GOlD for today's analysis by using a simple moving average on the 1 hour time frame
SIMPLE Moving average 5 1343.558000 SELL
SIMPLE Moving average 10 1344.577000 SELL
SIMPLE Moving average 20 1346.058000 SELL
SIMPLE Moving average 50 1349.844600 SELL
SIMPLE Moving average 100 1346.485500 SELL
overall trend sell
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analysis for today 10 / 30 / 2013
My daily trading,I hope the day is a success ...
GOLD (Daily Trade)
Resistance : R1 1347.76 R2 1357.21 R3 1375.96 R4 1413.46
Support : S1 1338.87 S2 1329.42 S3 1310.67 S4 1273.17
Open : 1344.67
High : 1348.17
Low : 1338.46
Range : 9 71 Pips
Running Price : 1346.30
For intraday trade today suggest SELL at the level 1346.30 stop loss at the level 1347.76 target take profit at the level 1310.67 or at the level 1273.17
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GOLD HAS RESISTANCE 1350, HOLD ABOVE THEN 1356-1366 POSSIBLE
AND HAS SUPPORT 1337, HOLD BELOW THEN 1328-1318 POSSIBLE
https://fbcdn-sphotos-h-a.akamaihd.n...68084197_n.jpg