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Thread: Gold

  1. #11657
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    Today analysis for the pair of :G0ld
    --- Trading opinion for the best profitable trade: Open sell ---
    I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
    Resistance level of this pair is:
    1# Resistance is: 1293.87
    2# Resistance is: 1295.41
    3# Resistance is: 1297.90
    Supporting level of this pair is :
    1# Supporting is: 1288.88
    2# Supporting is: 1287.34
    3# Supporting is: 1284.84

    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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  3. #11656
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    the pair price already touched daily support 1 level (1273.70) and above trend line.
    Now the price try to move up ward.
    I think the price may touch daily pivot point (1357.49).
    so buy now from 1308.35
    the pivot point will be my target
    stop loss will be down the support 1 level (1273.70)

    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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  5. #11655
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    gold is a very risky commodity to trade on it is so high risk involved in it when the dollar currency goes up gold go down and when the dollar go down gold go up. i have traded on gold so many times i earnt from it and now it trend is going down again last month it touches its lowest price of the 3 years.

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  7. #11654
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    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

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  9. #11653
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    For short term trader in gold there is a good technical today because if we look the chart in the picture above, gold go to up after touched monthly support level 2 yesterday in american session.

    In asian market today ma 16 had crossed up ma 96 .It can indicate that the price will go up, below trend analysis today with ma system:
    ma 16 as short term trend indicator= up
    ma 96 as medium term trend indicator= sideways
    ma 480 as long term trend indicator = down
    So the trend is up weak short term

    I predict the price will go up again until weekly support 2 area 1601.57

    If looking mreinstein stochastic signal tf h1 & h4 in overbought area now, so before up again ,gold price may down then retrace up.

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  11. #11652
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    Gold on the Comex division of the New York Mercantile Exchange traded in a choppy fashion Wednesday as some investors booked profits and the dollar rebounded; nevertheless, prices will remain well supported until a deal is struck to raise the US debt ceiling.

    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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  13. #11651
    Senior Member PAK has a reputation beyond repute PAK has a reputation beyond repute PAK has a reputation beyond repute PAK has a reputation beyond repute PAK has a reputation beyond repute PAK has a reputation beyond repute PAK has a reputation beyond repute PAK has a reputation beyond repute PAK has a reputation beyond repute PAK has a reputation beyond repute PAK has a reputation beyond repute PAK's Avatar
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    I have an opinion, if we are trading in gold then use a moving average, so that we can know the actual price movements, if we are trading at 1500 levels then we limit buy order in 1475 .... so when the price goes down,, level the market can be touched.

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  15. #11650
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    Recently gold rate is 1281.42
    In my observation today the profitable selling point is 1280.40
    and by my mind today the most proftiable buy point is 1282.02
    You will earn more money if you will follow my views
    because i have posted this after checking the chart clearly

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  17. #11649
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    The current trend downward trend 1530 targets and stop loss 1198 1222 if the price went to the highest point breakers 1242 the trend reversed to the upside targeting 1245 and then 1250

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  19. #11648
    Senior Member Shahzada has a reputation beyond repute Shahzada has a reputation beyond repute Shahzada has a reputation beyond repute Shahzada has a reputation beyond repute Shahzada has a reputation beyond repute Shahzada has a reputation beyond repute Shahzada has a reputation beyond repute Shahzada has a reputation beyond repute Shahzada has a reputation beyond repute Shahzada has a reputation beyond repute Shahzada has a reputation beyond repute Shahzada's Avatar
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    has reached its Elliott channel therefore the 4th wave correction may begin soon. Support comes in at 1815/40.

    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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