Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.
Thread: Gold
Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.
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here we have a nice simple breakout followed by a now completed retest. We now want to see those bears take over and fall nicely throughout the rest of the day and evening.
breaking resistance of a consolidation zone Resistance broken by a big bullish candle 2 candles after, another bullish candle made a re-test Buy Stop order is placed above the high of that re-test candle SL is placed in the middle of the consolidation zone in between support and resistance TP2 is placed in the last significant value zone..
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Forex technical analysis is the study of market action primarily through the use of charts for the purpose of forecasting future price trends. Forex traders can develop strategies based on various technical analysis tools including market trend, volume, range,support and resistance levels, chart patterns and indicators, as well as conduct a Multiple Time Frame Analysis using different time- frame charts.
Thanks Karo Ge Thanks Mile Gaa....
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The Gold Rate in Pakistan on 11th March, 2020 has increased by Rs 300 per tola. Sources reveal that 24k per tola gold is Rs. 98,000 while the rates of 10 grams of gold is Rs 84,000 latest updated.
Rates are provided by local Gold Market and Sarafa markets of Pakistan.Gold rates can be different in each city of Pakistan at different times. The latest Gold rates for different cities including Karachi, Islamabad, Lahore, Rawalpindi, Peshawar, Quetta, will be updated soon.
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I expect impairment of gold to support the diagonal line upward trend in the area around 1770. When there is divergence MACD, RSI indicators also signal a decline after he left the area over purchases overcame the quotation and the support of the MA50. Indicators signals for shorts.
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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
Best of luck.... 👍✌
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Dear i.forex members
On this Day i will predicted this pair have being bearish down direction
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR
the market trend could remain in this position and I expected support resistance levels
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator
I suggest to take short terms position on SELL today
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GOLD (Derived Data)
CFDS ON GOLD (US$ / OZ):TVC
1643.29
USD
+9.47 (+0.58%)
MARKET OPEN (MAR 12 08:21 UTC)
1633.82
PREV
1633.82
OPEN
0
VOLUME
1630.98 — 1650.36
DAY'S RANGE
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Forex is the greatest trading website to earning huge profits.
So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.
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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