Thread: Gold
market technical analysis for currency pair
.
GOLD
market have buy position today
resistance and support levels will remain as?
current price this time+ 1586.78
Resistance level 1 : 1589.46
Resistance level 2 : 1592.34
Resistance level 3 : 1595.36
Support level 1 : 1582.23
Support level 2 : 1578.48
Support level 3 : 1572.34
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Iqlevel (2020-02-18)
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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Alikhan (2020-02-18), Unregistered (2)
kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.
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.
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 is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.
Money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be careful.
If you want become Successful Trader In Forex so could the hard work and get a knowledge and experience about forex trading.
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Alikhan (2020-02-18), Gamechanger2020 (2020-02-18), Iqlevel (2020-02-18), Usman148 (2020-02-18)
Prices are probing above the 76.4% Fibonacci extension level at $1856.98 to challenge Andrew’s Pitchfork resistance at $1880.44, with a break above that exposing the 100% extension at $1898.36. Near-term support lines up at $1831.38 as the 61.8% Fib.
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Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , 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
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading
krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta
hai yeh pair ,
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Alikhan (2020-02-18), Gamechanger2020 (2020-02-18), Iqlevel (2020-02-18), Usman148 (2020-02-18)
A bailout would allow the European Central Bank to step in and buy Spanish sovereign debt, which would result in reduced borrowing costs for the debt-strapped nation.
But Spain has been reluctant to do so because it may come with conditions on its budge
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.
Looking trend is bullish on the market today and it can be move to the up side by searching the parabolic sar position at frame,m30 .its current value is 1587.45
Resistance to the market of gold is 1592.55
Support can be strong to. 1566.75 to 1555.45
Buy can be make profit of you like trade,
Thanks ,
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Alikhan (2020-02-18)
Gold Analysis:
Trend; Bearish
Moving Average; Sell
Pivot point -->> 1580
S 1 -->> 1578
S 2 -->> 1574
S 3 -->> 1568
R 1 -->> 1582
R 2 -->> 1587
R 3 -->> 1591
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
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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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