Subscribepredictions for the day.
trading is risky if no analysis is done
Gold - is the currency pair we will be focusing on
major low levels also known as supports 1561.89
major high levels also known as resistance - 1569.89
Thread: Gold
predictions for the day.
trading is risky if no analysis is done
Gold - is the currency pair we will be focusing on
major low levels also known as supports 1561.89
major high levels also known as resistance - 1569.89
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.
SDK (2020-02-12)
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1567.52
This currency name - Gold
Resistance and Target - 1571.52
Support and Stop Loss - 1563.52
Always follow Long time frame market trend.
Signal is Sell.
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Gold > Bearish
Pivot Point : 1566
# Supporting 1542
# Supporting 1548
# Supporting 1549
# Resistance 1562
# Resistance 1567
# Resistance 1575
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Pair: gold
Today indicators shown bearish down short terms trend.
Pivot Point : 1566
Supporting Levels:
Support 1: 1540
Support 2: 1545
Support 3: 1547
TREND: BULLISH
Resistance Levels:
Resistance 1: 1560
Resistance 2: 1563
Resistance 3: 1570
When today the market is opened then showing down and supporting levels are also available here its not remain here this pair because h4 telling here up side that is down trends.
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In the 1 day chart, we see the stock (5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bands still has to bounced the lower side to be able to reverse.
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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
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hai yeh pair ,
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GOLD (Derived Data)
CFDS ON GOLD (US$ / OZ):TVC
1565.15
USD
−2.65 (−0.17%)
MARKET OPEN (FEB 12 09:32 UTC)
1567.80
PREV
1567.30
OPEN
0
VOLUME
1561.91 — 1568.56
DAY'S RANGE
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Gold is a chemical element with the symbol Au (from Latin: aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental (native) form, as nuggets or grains, in rocks, in veins, and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).
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GOLD TODAY ANALYSIS
MARKET TREND BEARISH
Pivot Point 1570.47
S 1 >>>>> 1547.22
S 2 >>>>> 1524.26
S 3 >>>>> 1478.05
R 1 >>>>> 1593.43
R 2 >>>>> 1616.68
R 3 >>>>> 1662.89
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.
shamim123 (2020-02-14)
Forex forum is the best forum in the world to earn good profit and the best forum for your life.
I have been working with my friends since the last couple of years.
I have been working for signal of the best indicators
RSI
and other technologies that have helped me to understand how much I have done in my business.
you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, 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.
aamir123 (2020-02-12)
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