Thread: Gold
Dear i.forex members
GOLD
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.
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.
Samranfaizan220 (2020-02-26), Shahzadahmed148 (2020-02-25)
Dear i.forex members
GOLD
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
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.
Samranfaizan220 (2020-02-26), Shahzadahmed148 (2020-02-25)
gold
Resistance UP ^
pivot point # 1646
1#Resistance 1642
2# Resistance 1544
3# Resistance 1649
Support DOWN V
1# Support 1632
2# Support 1628
3# Support 1625
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.
Asadjaved (2020-02-25), Samranfaizan220 (2020-02-26), UET (2020-02-26)
Gold
There are signs of profit-taking on gold. We discussed the importance of yesterday’s gap at $1649 and how the bulls would respond. This gap has now been filled this morning, and if the market closes at current levels, given the strength of the negative candle it would suggest that the bull run is over, at least for now. We note the January bull run, which culminated in a -$75 unwind from the high. So far the market has given back over -$50 from the $1688 high (the highest level on gold since January 2013). Momentum indicators are reacting too. The RSI crossing back under 70 is a classic exhaustion signal for the bull run. The Stochastics bear cross (not yet confirmed) is also a sign of growing unwind. The hourly chart indicators show a renewed pullback move this morning after overnight consolidation. This is leaving resistance at $1658/$1662. The initial support is at $1623, but the first real support is at the $1611 old key breakout.
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.
Asadjaved (2020-02-25), Samranfaizan220 (2020-02-26), UET (2020-02-26)
Overbought stochastic
could trigger bearish correction testing 1506
area. While breakout above the bearish
channel indicating bullish bias targeting 1520
area before testing 1532 region.
Resistance Level : 1520, 1532, 1550
Support : 1506, 1488, 1475
Range : 1506 – 1532
Trend : Bullish
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Today market analysis and trend:sell
Indicators 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
BesT Of 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.
Show navigationFXStreet
Gold jumps back above $1650 as coronavirus-led risk-off returns
NEWS | 09:39 GMT | By Dhwani Mehta
Risk-off returns on increasing coronavirus cases outside China.
Gold’s profit-taking slide loses momentum, bulls regain $1650.
Focus on virus headlines and US macro news for fresh impulse.
With risk-aversion seeping back into the European markets on Tuesday, the demand for the safe-haven gold is seen picking up pace, helping the price to recover from a fresh two-day low of $1633.10.
The yellow metal is back above the 1650 level, as a risk-aversion wave grips Europe, with the European equities shaving-off early gains while the US Treasury yields turned negative alongside a pullback in the S&P 500 futures.
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.
i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side
👑 Post achi lagay tu thanks per click kren 🎀
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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.
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.
Focky (2020-02-25)
gold, the price goes down sharply yesterday. 1296.20 price to penetrate the area. This further strengthens the case if the daily MA has been trending down sharply, and is under the daily MA MA weekly trending down. there is no other option than sell. if you want to sell wait for the price bounces around MA daily. likely the price will go to 1280.10. but if it fails to be heading 1296.20
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.
Focky (2020-02-25)
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