Thread: Gold
Trend: Bullish. Fibonacci 100 untouched, but the market has been reversed. Predictable, if the market passes through 1088.95, then the bearish market, but if the market until at 1099.39, it is certain to be the next target at 1109.03
Recommendation: Buy
Spoiler:
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In forex trading business, gold is one of the good thing you can trade with if you really have enough and also know how to trade with it. But if you don't know how to trade with gold, it is advisable not to trade with it.
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.
Trading Signal - 06/08/2015 - 10:00 (GMT +3)
Instrument: GOLD
Time : 60min CHART
Trend & Condition : Downwards Weak
A Medium probability, entry signal to go SHORT was given at 1090 after the market found resistance at 1094.
Only the upward break of 1094 would cancel the bearish scenario and take us LONG.
Support & Resistances :
1081 1094
1073 1102
1069 1112
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http://postimg.org/image/zbkmoq5xz/
Gold price are moving between small gain and losses since couple days. the yellow metal is unable to gibe any clear direction since last couple of days, however the bearish sentiments are greater than bullish.
technical indicators are indicating bearish trend.
1. SMA 100 and 200 are indicating bearsih trend.
2. Ichimoku cloud is also indicating bearsih trend, taken sen has crossed kijun sen and their slope is down word.
3. parabolic SAR signal is also bearish in H4 graph.
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.
http://postimg.org/image/ox32vw4dj/
resistance levels: 1105/1116/1128
support levels: 1082/1069/1058
technical analysis summary:
momentum H1: strong buy
indicators: strong buy
moving averages: strong buy
intraday trend H4: buy
indicators: buy
moving averages: buy
short term trend Daily: strong sell
indicators: strong sell
moving averages: sell
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The current trend downward trend 1530 targets and stop loss 1526 1542 if the worth visited the very best purpose breakers 1542 the trend reversed to the upper side targeting 1545 so 1550..............
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- m15
technical analysis-
the down movement of the price is hold at the support 1084.00 level and also making double bottom chart pattern. this is break the resistance at 1088.00 level and this may be moved to the higher resistance at 1098.60 level. long with profit target and stop loss at 1070.00
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.
http://postimg.org/image/scyungfan/
technical analysis summary:
resistance levels: 1102/1107/1113
supports levels: 1090/1084/1079
momentum H1: strong sell
indicators: strong sell
moving averages: strong sell
intraday H4: strong sell
indicators: strong sell
moving averages: strong sell
short term trend Daily: strong sell
indicator: strong sell
moving averages: strong sell
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- m15
technical analysis-
the price down movement is hold at the support 1078.00 level and now moving up side. the up movement of the gold is making correction from the resistance at 1110.00 level. this correction is hold at fibo 61.8 level and now may again up side. long with take profit at 1150.00
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.
Gold ka business ak bot hi risk wala ak business hi as min ap ko market ke trend ko watch kirna ho ga ar as ke alawa world min koi aham wkia hova to as ko bi see kirna ho ga as ke bad hi ap ko gold ki trade kirni ho gi
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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