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Thread: Gold

  1. #7319
    Senior Member osos is on a distinguished road osos's Avatar
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    The selling signal appearing right in front of us today on the XAUUSD 1 hour chart the red arrow which is the last signal shown by the EMA crossover indicator using 2 exponential moving average lines of non-similar shifts.
    A sell signal is being performed when the red line becomes located below the blue one.
    The QQE indicator will be giving me a filtering signal by showing us a sell cross when the lines go above the fifty levels.
    sell is the order I'll be choosing to target the level 1197.35 which is a support or the other option when a buy cross is created by the 2 exponential moving average lines.
    .

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  2. #7318
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    As you can see on the XAUUSD chart in front of us the blue lines position in the moment indicator is below the red line which means a good selling signal should be occurring.
    also the yellow color shown in the oracle strength indicator means that a upwards direction signal is going to take place.
    The oracle direction indicator could serve as a filtering tool with the blue colors shown on the arrows meaning that a upward signal would be taking place in short term trades.
    Summing all that up in my opinion I do think that the trend would be taking a downward direction but that can only happen if the moment sell cross was taking place on the chart And as long as the ATR indicator keeps showing selling signals then without doubt the sell trades would be a better choice for entry.

    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.


  3. #7317
    Banned samoo is on a distinguished road samoo's Avatar
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    On the XAUUSD a bearish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading south soon.
    After monitoring the histogram indicator we can notice that a red line is starting to take shape forming by that a bearish signal for the pair by being located under the 0 histogram level.
    As for the market emotion indicator which is giving us a red line meaning by that that the price will be starting to fall to reach lower prices.
    On the guru angle indicator we can notice that the slope is currently moving above the 0 level colored as green indicating by that a bullish direction now.
    Clearly we can see that the price might be heading south in order to test the next support located at the price 1192.49 that's why I do recommend that as long as the indicators keep showing the same signals we should go with sell orders.

    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.


  4. #7316
    Senior Member ramadanyu is an unknown quantity at this point ramadanyu's Avatar
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    A new bullish trend is starting to take place on the XAUUSD according to the MA indicator which changed to green color and at the same time the candles started turning to the green color which confirms the direction of the trend.
    The bullish trend's strength is shown by the BB MACD indicator signal where the green dots are currently stationed above the zero level.
    In the end I think buy trades would work greatly since the bullish direction is gaining in strength targeting by the resistance located at the level 1195.35 as long as it remains strong and keeps its position above the level 1189 which is a support level at the moment .

    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.


  5. #7315
    Senior Member maggie is on a distinguished road maggie's Avatar
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    On the XAUUSD chart you can see a bullish trend due to the green color of the super trend and it is the main indicator to know the price movement direction.
    The Nonlong dot is colored in red and that is an indication for a sell signal.
    The signals now are showing a weak bullish trend also the buy trades can take place as soon as the Nonlog indicator has changes to confirm the new direction.
    When we talk to the stop loss area we can think about two ways to end first if the price reaches the support of 1190.9 and the second when the super trend changes its color to red that means that the bullish trend has ended .

    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.


  6. #7314
    Senior Member mary is on a distinguished road mary's Avatar
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    As we can see in the XAUUSD chart the main trend is currently taking a up direction and thats because of the position of the 5 and 6 EMAs which are above the 35 EMA and as a result taking buy positions is the right choice once I get the confirmation from the other indicators that the direction will be bullish .
    The parabolic sar indicator shows that the price might be taking a upward direction according to the dots below the candles .
    The MACD indicator is giving me a buy signal which is currently moving above the 0 level also the CCI line is performing upward signal as is at the higher level .
    As a conclusion to what I said earlier I do think that buying would be the best choice for now according to the EMA locations that of course unless the price gave a bearish signal instead .

    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.


  7. #7313
    Senior Member wench is on a distinguished road wench's Avatar
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    the price seems to move in upward trend today on the XAUUSD chart as there are a blue dots below the bars and as long as the price keeps higher than the strong support of 1158.3167 which is also the weekly Pivot point then it seems that the price may keep going north till it can hit the weekly pivot resistance at 1205.7567 .
    In other scenario if the price can break the support 1158.3167 and get a bearish signals by a red dots then its expected to keep going south till the support of 1128.3133 as the next weekly Pivot point.
    .

    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.


  8. #7312
    Senior Member ducd3vaizo will become famous soon enough ducd3vaizo's Avatar
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    Spoiler Spoiler:


    Pair: GOLD
    Major Trend: Bullish
    Time Frame: H4
    Reason: To this day the price will correction to 1188.99 which is also the pivot point today, before continuing the trend and retest the resistance to 1201.50, if the price is breached, then the price will lead to 1209.23. RSI is still above the line 50. The stochastic is in overbought area.
    Recommendation: Buy with a target of 1209.23

    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.


  9. #7311
    Senior Member ANDRIAS will become famous soon enough ANDRIAS's Avatar
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    http://prntscr.com/58i0a9
    analysis for today 11 / 21 / 2014
    Below is the formula to determine the pivot point, support and resistance.
    Information candle GOLD on the date 11 / 20 / 2014
    OPEN 1182.80
    HIGH 1196.88
    LOW 1176.66
    CLOSED 1193.53

    The third resistance (R3) 1196.88 - ( 1189.02 - 1176.66 = 12.36 x 2 = 24.73 )= 1221.61
    The second Resistance (R2) 1189.02 + 1196.88 - 1176.66 = 1209.24
    First resistance (R1) 1189.02 x 2 = 2378.05 - 1176.66 = 1201.39
    pivot points 1196.88 + 1176.66 + 1193.53 = 3567.07 / 3 = 1189.02
    Support for the first (S1) 1189.02 x 2 = 2378.05 - 1196.88 = 1181.17
    Support second (S2) 1189.02 - ( 1196.88 - 1176.66 = 20.22 ) = 1168.80
    Third Support (S3) 1176.66 - ( 1196.88 - 1189.02 = 7.86 x 2 = 15.71 )= 1160.95

    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.


  10. #7310
    Senior Member rashidrais is an unknown quantity at this point rashidrais's Avatar
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    Brother Current trend jo hai woh upward trend pe hai aur jab target hai 1554 agar price niche ki aur gaya toh lowest point hai iska 1536, breaking the trend turn to the downside targeting 1531 then 1525

    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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