Thread: Gold
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.
A fast look on the 0 chart will help you to recognize the up trend on the hourly chart as the Gann SSl indicator moving upward and showing a 0 color.
According to this signal I will go with the buy orders for the current day as long as the price cant break the support area shown by the white grid almost at price 0 .
Also there is a signal that should be aware of on the Range indicator which has a buy range colored by 0 to indicate a buy direction.
Finally using the signals of Filter indicator shouldnt be neglected and in this moment there is a 0 bar on the indicator to inform that we should wait for it to confirm the buy entry.
0
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.
As you can see on the chart of XAUUSD the prices is now lower than the EMA line of 15 which could be used as a good sign of bearish 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 high power of the bearish trend which can be used to filter the entry of sell 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.
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 1192.61 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 1242.89 .
In other scenario if the price can break the support 1192.61 and get a bearish signals by a red dots then its expected to keep going south till the support of 1162.51 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.
A week bullish trend take a place on the hourly chart of the XAUUSD as the Blade oscillator is now at 2.828 area above the level of balance and at the same time the indicator is blue colored which is a week indication of bullish 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 bottom drawn by it at 1228.68 as a good stop loss if you need it in case of buy orders which is very advised according to the indicators 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.
Weekly forecast: GOLD 13-17 Oct. 2014
Technical analysis for weekly forecast for GOLD 13-17 Oct. 2014. In weekly chart GOLD shows bullish trend. At present GOLD above from the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 1323.12.
Pivot: 1212.96
Resistance levels
R1 1242.98
R2 1263.08
R3 1293.10
R4 1323.12
Support levels
S1 1192.86
S2 1162.84
S3 1142.74
S4 1122.64
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.
Trading Signal - 10/10/2014 - 10:00 (GMT +3)
Instrument: GOLD
Time : 60min CHART
Trend & Condition:Upwards Strong
The market is testing support at 1222. We are waiting to see reversal signals in order to reinstate LONG positions, or alternatively the upward break of the 1233 resistance level. Next important support the 1215 level.
Support & Resistances:
1222 1233
1215 1241
1203 1254
![]()
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.
pair- gold
analysis time frame- h1
the up movement of the price is not able to break the higher resistance at 1231.80 level and moving down side. lower side the daily support hold at the 1217.50 level. if this level is break then price will falling to the fibo 61.8 at the price 1200.00 short with stop loss at 1240.00
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.
The price of gold continues to rise, according scenario bullish intraday direction, which remains valid and effective the rest of the day trading steadily above the level of 1200.00, with our goal to recall the main 1240.50. expected when trading is expected for the day between: Support and resistance 1210.00 1240.50
There are currently users online. members and guests
Threads:
Posts:
Member:
Currently Active Users