SubscribeIMO, Gold will remain bearish on weekly and monthly chart.Originally Posted by orni308
Trade Light and Safe!
Thread: Gold
IMO, Gold will remain bearish on weekly and monthly chart.
Trade Light and Safe!
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Gold prices have been down this year and with strong dollar, prices of dollar might slip further down.
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.
good thing we can take advantage of thes two or thre support levels to take a good desecion about wether buying or sellinf
On H4 time frame, we can see that Gold reached the intraday support level over all pressure is bearish if the gold brake intraday support level then it open a new way to the down side, the next up coming support level is 1050.00
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i have very small trading experiences with gold and in all the previous deal i only get loses so due to this i left the trade in the gold but now i realized that it was my mistakes and i can trade in the gold too but for that i need a heavy capital that can keep me in trades for a long time even in worse situation
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 ke trading main gold ke trading bht he best trading hai agar ap log gole ke trading krte hain tu es ko watch kr ke ap log trading kr skte ho or es se kafi achi eanring bhe kr skte ho yeh ek best pair hai es per trading krne se bht juld eanring kr skte ho gold ke trading best trading ha,
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 ke trading main gold ke trading bht he best trading hai es se hum log best enarin bhe kr skte hain agar apni invest achi hai tu phr hum gold ko watch kr ke es per trading kr skte hain yeh best hai trading ke liye kam time main achi earning deta hai gold,
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 is wakt bhot he behter aur achay andaz say move kar rahi hai agar hum is waky buy ki trades lagae o humaray pas zyada chances hogay k hum profit me chalay jae aur hume zyada earn ho sake lekin agar hum is tarha say nahi kare gay to humara kam mushkil b ho sakta hai mushkilat say bachna zrori hota hai humaray lye.
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.
Our Preference: Sell Below 1076 for the target 1058 levels.
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Last week Gold was closed below the resistance level and now previous low acting as major resistance level and its was trading with lower trend line so this week we can except on selling side with stoploss above last 2 weeks high of resistance level of horizontal line :- which we have shown in attached image.
In Daily Chart :- Gold was trading in the sideways movement between key resistance and key support level and last day its was closed below the resistance level of horizontal line and trading with upper trend line so today we can except on selling side upto next support levels :- which we have shown in attached image.
In 4 Hour Chart :- Gold was trading in the intraday triangle pattern and Gold trading in the sideways movement between key resistance level and key support levels and now its was trading near key resistance level of upper trend line, so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.
In 1 Hour Chart :- Gold was trading in the triangle pattern and now its was trading near key resistance level of lower trend line, If lower trend line breaks means we can except on selling side upto next key support levels:- which we have shown in attached image.
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.
pair- gold
time frame analysis- m15
technical analysis-
the price is continue down trend side. this is not able to break the resistance of trend line at 1073.50 level and pull back down side. if this is break the the support at 1070.70 then short with profit target at 1050.00 and stop loss at 1075.00
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.
[B]Our Preference: Sell Below 1078 for the target 1068 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Yesterday Gold was tested upper trend line and it was tested the key resistance level and it was closed on lower side as bearish candle and it was trading in the sideways movement between key resistance and key support level now its was trading below the key resistance level so today we can except on selling side from resistance level and except upto next support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Gold was tested the upper trend line and we got several closing below the upper trend line so its conforming for the selling side and it was trading in the sideways movement between key resistance and key support level so we can sell near upper trend line of resistance level and except upto next key support levels :- which we have shown in attached image.
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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