Pivot points: 1753.52
Resistance 1= 1754.99
Resistance 2= 1756.37
Resistance 3= 1756.37
Support 1= 1752.14
Support 2= 1750.67
Support 3= 1749.29
Thread: Gold
Pivot points: 1753.52
Resistance 1= 1754.99
Resistance 2= 1756.37
Resistance 3= 1756.37
Support 1= 1752.14
Support 2= 1750.67
Support 3= 1749.29
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AliZafar (2020-05-17), Unregistered (2)
I am guided by indicators Stochasis (7,5,3) which break high and fibbo indicator trend down and assuming that there are several possible markets trend is overbought then I will use the trapping strategy with market position BUY I predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge about forex everyday.
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.
AliZafar (2020-05-17)
hello my dear friends how are you , I hope you will be fine everyday
I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 35 pips from current price
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
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AliZafar (2020-05-17)
Traders reversed four consecutive daily pullbacks and increased their opening positions by around 1K contracts on Monday, according to preliminary readings from CME Group. On the opposite side volume went down for the second session in a row, this time by around 18.2K contracts.
Gold still targets $1,750/oz
The precious metal remains firm around the $1,700 per ounce so far this week backed by renewed risk-off sentiment in the global markets. Monday’s uptick in the ounce troy of gold was on the back of rising open interest, opening the door to the continuation of this trend and with the target still at the 2020 high near $1,750
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helllo dosto kya hal ha ksy hn sub i hope ap sb thk hogy gy,,, forex trading ak bht acha business h..fundamental analysis or technical analysis ko dekhte howey or market me ajj k din ki sport or resistence ko follow karte howey market ki postion main. market ke hisab se ap TP or SL set kr sakte hain umed krta hun ap ko mere analysis se fida ho ga or achi earning bhe ho ge ap logo ko. indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiyeSupport points and resistance
market ke oper janey k haq main hainIndicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
buy ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren.
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
take care ..ok dosto good by,,
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 sliding in Asia with bars getting behind the move below $1,700.
Risks, however, favour an upside bias in the precious metals.
Gold is currently trading at $1,698.80, within a range of $1,696 and $1,703.81 with a tendency to move lower at the time of writing. The price is building a case for the downside having tested below $,1700 is Asia while risk appetite starts to improve again.
Overnight, gold futures ended higher for the second session in a row. Risk-off was the starting theme for the week in response to Mike Pompeo, Secretary of State, interview and accusations on ABC News reported on here: What you need to know as markets open: Pompeo and Trump ratcheted up US and China tensions
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 sliding in Asia with bars getting behind the move below $1,700.
Risks, however, favour an upside bias in the precious metals.
Gold is currently trading at $1,698.80, within a range of $1,696 and $1,703.81 with a tendency to move lower at the time of writing. The price is building a case for the downside having tested below $,1700 is Asia while risk appetite starts to improve again.
Overnight, gold futures ended higher for the second session in a row. Risk-off was the starting theme for the week in response to Mike Pompeo, Secretary of State, interview and accusations on ABC News reported on here: What you need to know as markets open: Pompeo and Trump ratcheted up US and China tensions
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.
Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
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Market trand sell.
pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
trade sell ki laga deni chahie ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai 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.
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