main nay gold me trading ki nhi hay kabi lakin main janta hon ka gold me trading karna asan nhi hay es kay liye ap kay pass high capital ka hona zrori hay aur agr aap kay pas low hay to ap ko loss ky chances hain es liye main es ko use nhi karta
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main nay gold me trading ki nhi hay kabi lakin main janta hon ka gold me trading karna asan nhi hay es kay liye ap kay pass high capital ka hona zrori hay aur agr aap kay pas low hay to ap ko loss ky chances hain es liye main es ko use nhi karta
analysis for today 11 / 29 / 2013
My daily trading,I hope the day is a success ...
GOLD (Daily Trade)
Resistance : R1 1251.15 R2 1260.60 R3 1279.35 R4 1316.85
Support : S1 1235.40 S2 1225.95 S3 1207.20 S4 1169.70
Open : 1244.70
High : 1244.70
Low : 1241.85
Range : 285 Pips
Running Price : 1242.22
For intraday trade today suggest BUY at the level 1242.22 stop loss at the level 1235.40 target take profit at the level 1279.35 or at the level 1316.85
cci(14) : 148
bulls (13) :0.0016-
i see the in pair down trend
so i will sell from :1242
and my target today is : 1239
and target2 today is : 1237
good luck
Spoiler:
TECHNICAL ANALYSIS
GOLD
TIME FRAME H1
Exponential MA "18" : NEUTRAL
Exponential MA "28" : NEUTRAL
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BEARISH
TREND: BEARISH
Date: 29-11-2013
TRADING by using pivot indicator.
indicators today : sell
if price break down LEVEL :1241.00
the pair will go to :1239.50
and then go to level :1225
@>-@>-@>-@>-
http://charts.mql5.com/3/194/xauusdr...rectdealer.png
Date: 29-11-2013
Time frame: 1h
High and low prices
High today is: 1244.90
Low today is: 1240.60
Total pips today: 430
So sell from: 1242.45
Our target 1 is: 1242.25
Our target 2 is: 1242.05
gold is very risky in forex we can get huge profit from gold trade and same in case of lose but now a days i prefer to sell gold from high points because it seems to come down more .
still have my buy position @ 1241.12 in profits,
to be safe set my T/P at 1244.15
Also have a pending order sell @ 1246.58
lets see what happens.
the trend is still up
if indicates the trend is still trade up from :1247.25
Recommendation:buy
Take profit1: 1248.56
take profit2:1249.90
Stop Loss :1243.56
Gold flat correction up 1252.42, new daily high close to first daily resistance 1249.01.
Elliott 1234.90
Closing 1245.06
Ex-Low 1234.90
Ex-High 1245.89
Support 1 1238.00
Support 2 1230.94
Resistance 1 1249.00
Resistance 2 1252.94