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Gold fell yesterday after the US interest rate decision and the statement of the Federal arrived today to levels of $ 1,200 per ounce, which represents support myself and expect to climb the precious metal once again from the current prices or re-bearish broken trend test again and levels of strong support in 1294 dollars per ounce while maintaining stop the closure of the lowest levels of losses downtrend broken.
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Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
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Technically: could the precious metal from re downtrend broken test yesterday and then climb to $ 1214.82 an ounce levels and we still expect more from boarding at him US $ 1222 per ounce and we expect drop first so support 1206.50 levels that could provide gold support to gain access to $ 1222 levels during the day and then to $ 1250 levels while retaining stop losses shut candle 4 hours minimum of $ 1206 per ounce.
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.
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.
Unregistered (1)
daily overview for Gold
r3: 1233.91
r2: 1224.36
r1: 1218.13
s1: 1202.35
s2: 1192.80
s3: 1186.57
the pair broke the triangle to up
so our trade for the pair is buy
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Unregistered (1)
Spoiler:
http://vvcap.net/db/jesIchGsSL7Cpij9MevS.png
Daily Forecast
Major Trend: Bullish
Time Frame: Daily
Reason: There is a strong resistance area at 1224.15 to the Fibonacci 261.8. It is seen from stochasti that have a convergent pattern.
Recommendation: Buy
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Unregistered (1)
today,Initial support at 1518 (May 27 low) followed by 1504 (May 23 low). Initial resistance is now at 1550 (June 1 high) followed by 1577 (All time high).
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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Unregistered (1)
daily overview for Gold
r3: 1241.46
r2: 1224.19
r1: 1213.02
s1: 1167.30
s2: 1156.14
s3: 1184.58
the pair broke the down trend to up
so our trade for the pair is buy
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High gold during the Asian session, trading today at the level of $ 1,200 an ounce after a significant rise Yesterday saw Awad decline witnessed in the precious metal over the past week, this comes under the market waiting for the decision of the Federal Reserve Bank.
Gold prices rose on Monday by 2.5% to take advantage of the current weakness in the US dollar before the Fed's decision, which is expected to witness the installation of the interest rates at their lowest level to end the expectations that have emerged in the market earlier this year that the Fed on track to raise interest rates by month April
Technically: As we expected yesterday managed gold yield up to $ 1197 per ounce and higher, where is currently trading the precious metal higher levels of $ 1,200 per ounce and has managed to breach the downtrend and shutdown above and retested successfully and we can say now that we regained upward trend again as long as we deliberate the highest levels of $ 1,200 per ounce we expected our objectives are to $ 1221 levels as a first target
Stop-loss levels break of $ 1197 per ounce and then shut down and down the 1250
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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