date :2 december 2013
pair : gold
the pair in up trend
indicators down : 4
indicators up : 4
ao :-49.394
ac :1.3311
bears(13):-27.80
good luck
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date :2 december 2013
pair : gold
the pair in up trend
indicators down : 4
indicators up : 4
ao :-49.394
ac :1.3311
bears(13):-27.80
good luck
pair: gold
price: 1228.89
date : 2 december 2013
high to low : 2411
open to low : 2398
open to hi: 13
the pair trade in down trend
we will sell at: 1228.89
our target1 : 1226.89
our target2: 1225.89
the pair price already touched daily support 1 level (1222.00) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1223.20).
so buy now from 1222.65
the pivot point will be my target
stop loss will be down the support 1 level (1222.00)
today i like to sell gold @ 1242.00
my stop loss of the day @ 1245.70
half take profit for today @ 1237.00
and further half take profit @ 1231.00
analysis for today 12 / 3 / 2013
My daily trading,I hope the day is a success ...
GOLD (Daily Trade)
Resistance : R1 1227.99 R2 1237.44 R3 1256.19 R4 1293.69
Support : S1 1214.85 S2 1205.40 S3 1186.65 S4 1149.15
Open : 1219.56
High : 1224.15
Low : 1218.69
Range : 546 Pips
Running Price : 1221.08
For intraday trade today suggest SELL at the level 1221.08 stop loss at the level 1227.99 target take profit at the level 1186.65 or at the level 1149.15
Attachment 9544
TECHNICAL ANALYSIS
GOLD
TIME FRAME H1
Exponential MA "18" : BEARISH
Exponential MA "28" : BEARISH
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BEARISH
TREND: BEARISH
pair- gold
chart analysis time frame- H1
http://i39.tinypic.com/2usfk43.png
the price will make three top chart pattern and break the low support at the 1237.00 this is continue in the down direction. this will move to the lowest support at the 1200.00 level. stop loss is above the 1260.00 level.
good luck
Regarding to indicators
Price now is : 1221.96
Most indicators refers to up way
So buy now
Tp / 1222.16
SL / 1221.76
http://charts.mql5.com/3/224/xauusdr...rectdealer.png
still have my sell position @ 1224.35
to be safe set my T/P @1222.30
Also have a pending order buy @ 1221.15
lets see what happens.
http://charts.mql5.com/3/226/xauusdr...rectdealer.png
Date: 03-12-2013
Time frame: 1h
High and low prices
High today is: 1225.88
Low today is: 1219.01
Total pips today: 687
So sell from: 1223.34
Our target 1 is: 1223.14
Our target 2 is: 1222.94