Subscribegold uptrend start by trying to test support at 1230.55 area. Break down this area could bring down even further silver to next support line at 1220.45. While the resistance area at 1260.50
Thread: Gold
gold uptrend start by trying to test support at 1230.55 area. Break down this area could bring down even further silver to next support line at 1220.45. While the resistance area at 1260.50
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To day support and resistance date.9/2/2015
Resistance 1:1150.75
Resistance 2:1154.95
Resistance 3:1159.45
Power pivot:1144.80
Support 1:1136.50
Support 2:1132.25
Support 3:1128.15
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.
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Update: Gold continues its pressure
4H
Gold price closed the last four hours candlestick close below 1252.00 level, to activate the bearish trend on the intraday basis, and we notice breaking another support barrier represented by 1238.30, which opens the way to continue Gold price losses in the upcoming period to target 1200.00 level.
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Gold prices has been trading in a range in this week, we have to wait for any considerable movement in USD which is going to have impact on gold.
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Spoiler:
Daily Forecast
Pair: GOLD
Major Trend: Bearish
Time Frame: H1
Reason: There are two possibilities. First, the market will jump back to the top and after touching the support at 1227.72, or the market will be a correction in 1257.13
Recommendation: Buy Limit in 1227.72
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Gold prices are unchanged on Friday, as the metal is trading at a spot price of $1266.92. Today's highlight is US Nonfarm Employment Change...
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.
Cost elevated $5 following marketplace open up as well as created an additional bullish candlestick upon every day graph, in the event that it's in a position to split the actual 1551 after that all of us observe a few fast move towards in history higher, Hang on purchase purchase until in history higher.
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 main gold ke trading bht best trading hai es main bht zida profit hai laken es main hume lose bhe ho skta hai yahe waja hai ke agar gold ke trading krni hai tu investment achi hone zarori hai forex main,
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analysis for today 2 / 6 / 2015
GOLD
Resistance : R1 1271.42 R2 1280.87 R3 1299.62
Support : S1 1259.24 S2 1249.79 S3 1231.04
Open : 1264.61
High : 1268.54
Low : 1262.12
Range : 6.42 Pips
Running Price : 1267.83
Strategy : BUY at the level 1267.83 stop loss at the level 1259.24 target take profit at the level 1299.62 or at the level 1337.12
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Daily Forecast
Pair: GOLD
Major Trend: Bullish
Time Frame: H1
Reason: It appears that the market can not penetrate the second daily support area at 1256.19. After this, the market will be to the resistance is weak in 1271.96
Recommendation: Buy now
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