Thread: Gold
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is incorporating a potential reversal at this moment. Wait for a retest at the first level of resistance to receive the best potential entry.
An ABC Zigzag to hit the daily fibonacci fan trend line.
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sp1973 (2020-02-06)
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
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sp1973 (2020-02-06)
hello guys today at the analysis for gold
Today Market trend: Buy
Always follow Long time frame market trend.
that is moving above the level 0 beside that the CCI line is located at the higher level to perform a upward signal on the chart
there is a main uptrend signal as the 12 EMA 24 and 38 are moving above the slow EMA of 46
Current price aur previous price market ke up hony ka ishara de rahe hain
Resistance and Support points bhi market ke up hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
agar ap friends chahte hain ke forex ki trading main se good profit ho to ap ko
ik achi invetment ke sath hi traing or good experice ke sath trading krni
chahye , low investment or low experience main big risk ho skata ha or ap ke
liye dangerous bhi ho sakta ha
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Gold
With a huge intraday turnaround the gold bull run is being massively retraced now. Having spiked early yesterday up to $1610, gold retreated over -$50 into the close, but is seemingly not stopping there either. This has left a big shooting star candlestick. Coming at the end of a huge run higher, the corrective potency of this candle will now be a big concern for the bulls. For a couple of days now we have been wary of exhaustion signals that could usher in a correction in gold. We now have then in full view. The gap at $1553 has been filled (but not closed yet) but as we move into the European session today the selling pressure is resuming. This is driving sharp signals on RSI (below 70 is a basic sell signal) and a bear cross on Stochastics. A closing below $1553 today would mean the next corrective targets come in at $1536 and $1518. The bulls need a response and the hourly chart shows resistance now $1553/$1561.
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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
--- Update ---
Gold ka 1 bahut strong resistance lagta hai 1550 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nahi aayega..
So for gold i would recommend you guys to wait and watch
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Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
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.
Bmw123's Avatar
Bmw123 , Bmw123 is offline
Yesterday, 02:36 AM
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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Maluk18 (2020-02-06)
my dear sir today of my tachnical analysis for this gold buy to bullish trand strong,,
Supporting 1571.51
Supporting 1566.23
Supporting 1557.63
Resistance 1588.89
Resistance 1594.17
Resistance 1602.75
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.
Maluk18 (2020-02-06)
Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
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.
forexA (2020-02-06)
Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
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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