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Thread: Gold

  1. #7157
    Senior Member troykilson is on a distinguished road troykilson's Avatar
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    A strong bearish trend take a place on the hourly chart of the XAUUSD as the Blade oscillator is now at 0.8 area below the level of balance and at the same time the indicator is red colored which is a strong indication of bearish direction on the short term. On the chart itself you can see the moving average 5 sloping UP and then you can consider the last top drawn by it at 1231.6 as a good stop loss if you need it in case of sell orders which is very advised according to the indicators signals.

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  2. #7156
    Senior Member aliali1 is on a distinguished road aliali1's Avatar
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    A bearish trend is now in action as you can see the red arrow shown on the hourly XAUUSD chart at the current time which is supported with a top located at 1248.35 which can be also used as a very strong resistance that the price shouldnt go above it if the bearish trend still strong.
    Also the parabolic sar dots is showing above the candles which is a sign that the price is heading down for a while.
    when selling trades take a place I think then the support 1229.8 can be a good area in order to close some open positions as the price has a good chance to go north after hitting it.
    .

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    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    A clear cross is occurs on the momentum indicator on the XAUUSD chart as the blue line goes below the red one to perform a good selling signals for the current time By the way the yellow color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the XAUUSD To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the red color on the arrows to perform a downward signal on the short term Now according to these data I think a downward trend should be in action as long as the momentum sell cross still on the chart and a sell trades can be taken as long as the ATR indicator keep showing a selling signals.
    .

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  4. #7154
    Banned remmyfxt is an unknown quantity at this point remmyfxt's Avatar
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    Gold is a chemical element with symbol Au and atomic number 79. It is a bright yellow dense, soft, malleable and ductile metal. The properties remain when exposed to air or water. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. Less commonly, it occurs in minerals as gold compounds, such as with tellurium as calaverite, sylvanite, or krennerite

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  5. #7153
    Senior Member clark is on a distinguished road clark's Avatar
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    As you can see on the chart of XAUUSD the prices is now upper than the EMA line of 15 which could be used as a good sign of bullish trend for today.
    Also the power line indicator is now above the 50 level which indicates a good upward direction signal.
    One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
    .

    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. #7152
    Senior Member maggie is on a distinguished road maggie's Avatar
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    the XAUUSD pair for today seems to be on bearish trend according to the red color of the Super trend which is my main indicator to determine the market direction.
    Also the Nonlog dot is blue colored which indicate a buy signal by the way.
    Now the signals show a week bearish trend and a sell trades can take a place as soon as the Nonlog indicator changes to confirm the direction.
    For the stop loss area I think there are 2 ways to exit if the super trend changes its color to be green or if the price hits the resistance at the area of 1243.65 which may mean that the bearish direction is over.

    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. #7151
    Senior Member mary is on a distinguished road mary's Avatar
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    According to the chart of XAUUSD there are a main down trend signal as the 2 EMA 5 and 6 moving below the slow EMA of 35 then I guess I will take a sell positions once the other indicators confirm the bearish direction.
    There are a dots below the candles for parabolic sar indicator to indicate a upward direction and also I can monitor a sell signal on the MACD indicator which moving below the level 0 for now beside the CCI line is at the Higher level to perform a upward signal.
    As I said before according to the EMA locations selling is my favorite side for today as long as the price didnt show any opposite bullish signals.
    .

    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. #7150
    Banned ayazjass is an unknown quantity at this point ayazjass's Avatar
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    pppppppppppppppppopdgldkvghshnahnjhasgdhbzjhyjshya hgsdjz hmzxgh jzujhzk

    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. #7149
    Senior Member ralf is on a distinguished road ralf's Avatar
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    The price is moving below the wave of EMA indicators to perform a shape of bearish direction through the day at the chart of XAUUSD pair And with a sell signal showing on the RSI indicator which have the line going below the center line of 35 This also can be merged with the data of Macd indicator as you can see the green lines is heading down to inform that the market bears have the control at the market for the current period Then I think going with the bears at the current day and keep at the market until another buy signals shown on the chart by getting the price above the wave of EMA indicators.
    .

    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. #7148
    Senior Member RaKalan will become famous soon enough RaKalan's Avatar
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    The price of gold fluctuates when support for the ascending channel that shows the image, while up stochastic oversold areas, which supports the chances of resuming the expected bullish trend on the intraday and short term, and which is supported by the SMA 50.
    Recall our goal next major scheduled at 1290.00, and the requirement of stability above the levels of 1240.50 and 1235.00 to maintain chances of achieving the proposed height.
    The trading range for today is between: Support and resistance 1231.00 1265.00

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