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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As we have seen many shocking movement in gold last week, gold has touched many people stop losses because it opened with quick low as 1179 to flat down 1159 and after that it quickly come to 1174 which is no one think about it, no one think that this will made movement like this i have also lost some money in gold because i have taken stop loss on my trade.
My next planning to gold is again sell from higher level which is near about 1188 and wait In to touch that after that i will sell my trade to 1150 as target point
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Today's my analysis on Gold
currently gold moving down but slowly as today is Market opening day however according to my indectors gold is oversold on 4h time frame and as usdx is going down maybe we can see little up but selling from high price is good idea.
Strong Resistance 1301
minor Resistance 1287
strong support 1265
minor support 1274
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GOLD Today Analysis
Market Trend Bullish
Pivot Point 1276
S 1 1281
S 2 1287
S 3 1294
R 1 1272
R 2 1269
R 3 1267
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Spot Gold Analysis
SUPPORT LEVEL AND RESISTANT LEVEL
S3: 1271.23
S2: 1273.94
S1: 1275.27
PP: 1276.65
R1: 1277.98
R2: 1279.36
R3: 1282.07
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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..
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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.
As we have seen many shocking movement in gold last week, gold has toucjed many people stop losses because it opened with quick low as 1179 to flat down 1159 and after that it quickly come to 1174 which is no one think about it, no one think that this will made movement like this i have also lost some money in gold because i have taken stop loss on my trade.
My next plannimg to gold is again sell from higher level which is nearabout 1188 and waitiN to touch that after that i will sell my trade to 1150 as target point
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.
Gold fell for a very large period and reached $ 1209 in the last trading session last week
And is expected to bounce back and will rebound in the next period and rise to the top for correction
To the top, God willing, this is done and if the level of 1218 dollars is broken down, the sale is out of the purchase agreement, but now I advise you to enter the purchase on gold
I expect the beginning of the rise slightly on Monday and on the daily and the 4-hour Frem
I expect to reach the following goals:
First goal at 1216.14
A second goal at 1221.61
A third goal at 1223.56
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.
On the Comex division of the New York Mercantile Exchange, gold futures for December delivery settled at USD1,755.25 a troy ounce by close of trade on Friday, losing 0.9% on the day.
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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