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Thread: Gold

  1. #470
    Member manibhai2012 is on a distinguished road manibhai2012's Avatar
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    Gold is wkt apni support par khara ha agar gold yahan sa gold thora sa nachy jata ha to i think k gold ko hm dobara new low dekhen ge aur agar yahan sa dobara bounce krta ha to kuch kaha nai ja skta k gold dobra up trend ko shuru kr de aur sellers ko apni position close krna parhe.

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    Today's Pivot: 1687.00
    Plan A Most Likely: SHORT below 1687 with targets @ 1671 & 1663.
    Plan B Alternative : Buy above 1687 with targets @ 1697 & 1705.
    Comment: the price has struck against the declining 50 moving average.


    Today's Pivot: 1671.00
    The RSI is badly directed and calls for further downside.
    Trading Plan: SHORT positions at 1671 with targets @ 1655 & 1649.
    Last edited by Anytime; 2012-03-29 at 11:08 PM.

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  5. #468
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    Gold is getting resistance whenever trying to cross 1670 and so it would be wise to trade the range sell 1665 and buy around 1640, gold has been in this range on last several trading days except the recent low it made on 1627, i would expect gold to remian in 1640-1665 range next week too.

    It was a good recovery from 1627 to 1690 but now it is again in corrections and trading little above 1670, hopefully it does not go below 1670 this time and if this support work we can expect gold to cross 1700 soon.
    Last edited by Anytime; 2012-03-29 at 11:08 PM.

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  7. #467
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    according to the chart the price slowly going down and gives uo bearish signal for this pair.though the stoch is in overbought zone I think price will go down according to the soch level.

    our targeted take profit pips willl be -2000
    our targeted stop loss pips willl be-5000

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  9. #466
    Member hazem ahmed mohamed will become famous soon enough hazem ahmed mohamed's Avatar
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    i think that gold prices will move up in the next period as we are now at a strong resistance point @1642.65 and i think that the rise in prices will continue until tp1@61.8 percentage and i suggest buying now as the prices of the gold absolutely will rise again .
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    Last edited by hazem ahmed mohamed; 2012-03-21 at 03:12 AM.

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    Senior Member biouscope has a spectacular aura about biouscope has a spectacular aura about biouscope's Avatar
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    after getting resistance from the slowest ema the price of this pair is going down slowly.stoch also gives us the signal of weak movement by narrowing the two line. so il recommend short position for this gold.

    our targeted take profit pips willl be -300
    our targeted stop loss pips willl be-600

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  13. #464
    Member sinaga will become famous soon enough sinaga's Avatar
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    Gold prices open at 1.659.05, and high current at 1.659.31. pivot level in the area of ​​1.654.50. if it can penetrate the high current price will likely go to 1666 or down correction to the first pivot area and then continue the rising trend.

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  15. #463
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    Quote Originally Posted by malik View Post
    If the price brokes the level of 1665 it will the strong signal of reversal and if it bounce backs from 1665 it will fall up to 1638 the strongest support if it breaks the support of 1638 it will move downward up to 1625 and 1596.
    Fortunately 1635-40 is the range where gold is getting good support as this was the range where last time gold make a bounce back from and made a journy crossing 1700 level the same day, yeh breaking 1630 may push to 1590-1600 range.

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  17. #462
    Member hazem ahmed mohamed will become famous soon enough hazem ahmed mohamed's Avatar
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    i think that gold prices will move up in the next period as we are now at a strong resistance point @1659 and i think that the rise in prices will continue until tp1@61.8 percentage and i suggest buying now as the prices of the gold absolutely will rise again after the last decrease in it's prices.
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  19. #461
    Junior Member usdtrader is an unknown quantity at this point usdtrader's Avatar
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    We have very good long term change on GOLD. Looking at the weekly chart, we are very close to touch the up trend line. It is very hard to be broken because GOLD still GOLD. So I suggest buy at the indicated point on the chart. If the uptrend line broken, we go sell. Both deals are long term with tp 1920 (for buy) or (1522 then 1420 for sell).

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