I see the pair will go to up way to 1362.98
stochastic refers that the pair will go up
so our target buy from 1360.98 and our target will 200pips
Good luck
Thread: Gold
I see the pair will go to up way to 1362.98
stochastic refers that the pair will go up
so our target buy from 1360.98 and our target will 200pips
Good luck
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I see the pair will go to up way to 1427.76
stochastic refers that the pair will go up
so our target buy from 1358.37 and our target will 7673pips
Good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
forex tread ak gold jase compony hia.es may ap logow ka leay bohat sunare chance hotay hia.es ke list bohat limited or good hia.work asan hia bilkul gold ke tera or es ka doller gold ke tera expensvice hia.it is nice work.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Gold is trading at $1363.
As still it has not crossed the resistance of $1370 and since morning it has shown some uptrend, now this is better opportunity to create fresh short or adding more short position for target of $1350 and then $1340
gold market analysis on 20.05.13 based on average directional movement index
adx : 33.6606
+di : 15.3333
-di : 12.4584
timeframe : 1 hour
time : 1300
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Pivot levels today:
R3: 1418.22
R2: 1405.48
R1: 1348.87
PP: 1372.13
S1: 1351.52
S2: 1338.72
S3: 1318.17
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 1338.72.
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Gold is facing heavily selling pressure on each rising until unless it goes above $1375 trader should stay in short position for a target of $1340 and then $1325. Long term traders should hold it till $1200 to make a bigger profit in single trade.
gold were joint comm ccy to upside move.. as us index moving avergence with gold.I think today, GOLD will continue bearish with a target to the 1628.05 level. If possible, the best price to start a short position is when the price up slightly to a level 1641....................
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Gold pivot levels by using fibonacci pivot indicator.
r3: 1406.77
r2: 1392.40
r1: 1383.52
pivot : 1369.14
s1: 1354.77
s2: 1345.89
s3: 1331.51
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GOLD (Spot) intraday: under pressure.
Pivot: 1370.00
Our preference: SHORT positions below 1370 with 1335 & 1322 in sight.
Alternative scenario: The upside penetration of 1370 will call for 1393 & 1407.
Comment: gold prices are capped by a negative trend line.
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