SubscribeHow can gold fall to 1219 even when the price is already at 1150 region. I think that you have made a post that is void, Senseless or a very possible copy and paste.Originally Posted by pritishahfx
Thread: Gold
How can gold fall to 1219 even when the price is already at 1150 region. I think that you have made a post that is void, Senseless or a very possible copy and paste.
Patience is Key.
XAU/USD Tradertip Technical Report and Forecast for Friday 13 February 2015
There is bearish potential for a fall to 1219.50 - 1214.97 while 1224.03 - 1227.53 resist. After this fall a recovery up to 1227.53 or 1231.03 is expected.
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pair- gold
time frame to analysis- m30
the down movement of the price is hold at the strong support at 1147.00 level and moving up side. this movement may as correction as rejecting from the daily resistance level 1164.28. the price may make a pull up from the 1155.75 level. long with profit target at 1180.00
good luck
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pair- gold
time frame to analysis- m30
the down movement of the price is hold at the strong support at 1147.00 level and moving up side. this movement may as correction as rejecting from the daily resistance level 1164.28. the price may make a pull up from the 1155.75 level. long with profit target at 1180.00
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.
XAU/USD Tradertip Technical Report and Forecast for Thursday 12 March 2015
One more dip to 1151.05 - 1146.27 is likely followed by a grind higher to 1159.88 - 1163.94. After which it can resume its downtrend.
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Spoiler:
Daily Forecast
Pair: GOLD
Major Trend: Bearish
Time Frame: H1
Reason: Market still correction at 1151.80, then the market is predicted to go to the Fibo 161.8 or 261.8 in 1144.88
Recommendation: Sell now
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Midday update for Gold 11/03/2015
Gold price resumes its negative trading heading towards our next waited target at 1142.60, and stochastic approaches from providing negative overlapping signal on the four hours time frame, reinforcing the expectations of moving lower for the rest of the day, pointing that breaking the targeted level will push the price to suffer more losses, which reach to 1100.00 on the near basis.
We remind you that the continuation of the bearish trend depends on the stability below 1181.00 level.
Expected trading range for today is between: 1142.60 support and 1170.00 resistance.
Expected trend for today: Bearish
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GOLD
SELL BELOW
SELL AT THAT
Sell at 1163.67
Take Profit at 1151.00
Stop Loss at 1168.00
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Gold moves near the support – Analysis - 11/03/2015
Gold price trading settled near the bearish channel’s support that appears in the image, showing sideways trading since yesterday, which makes stochastic loses its positive momentum ****ually, and that supports the chances of resuming the bearish overall trend, and its next target located at 1142.60.
In general, we keep preferring the bearish trend in the upcoming period, supported by the EMA50, taking into consideration that breaching 1181.00 level will stop the expected decline and pushes the price to intraday recovery attempts that its main targets reach at the bearish channel’s resistance at 1205.00.
Expected trading range for today is between: 1142.60 support and 1170.00 resistance.
Expected trend for today: Bearish
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pair- gold
time frame to analysis- m30
the price is making lower to low and the macd indicator is also below the zero level. the price has been break the support of pivot point at 1162.32 level. hold the short entry with profit target at 1146.00 and stop loss at 1165.00
good luck
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