Thread: Gold
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analysis for today 7 / 21 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1311.98
Retracement (50%) 1314.35
retracement (61,8%) 1316.71
Extensions (61.8%) 1291.97
Extensions (100.0%) 1284.33
Extensions (138.2%) 1276.69
Extensions (161.8%) 1271.96
calculation based on a Fibonacci retracement then today I choose sell
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Unregistered (1)
Gold will be bullish today possible to book high today....
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analysis for today 7 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 7 / 18 / 2014
OPEN 1318.85
HIGH 1324.35
LOW 1304.34
CLOSED 1310.63
The third resistance (R3) 1324.35 - ( 1313.11 - 1304.34 = 8.77 x 2 = 17.53 )= 1341.88
The second Resistance (R2) 1313.11 + 1324.35 - 1304.34 = 1333.12
First resistance (R1) 1313.11 x 2 = 2626.21 - 1304.34 = 1321.87
pivot points 1324.35 + 1304.34 + 1310.63 = 3939.32 / 3 = 1313.11
Support for the first (S1) 1313.11 x 2 = 2626.21 - 1324.35 = 1301.86
Support second (S2) 1313.11 - ( 1324.35 - 1304.34 = 20.01 ) = 1293.10
Third Support (S3) 1304.34 - ( 1324.35 - 1313.11 = 11.24 x 2 = 22.49 )= 1281.85
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.
faisalanwar307 (2014-07-21)
you know that my first earning from forex 20$ its my goal amd hope i can get best time for earning again please pray for me for grow some money as many.
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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analysis for today 7 / 18 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 7 / 17 / 2014
OPEN 1298.95
HIGH 1323.52
LOW 1297.49
CLOSED 1318.85
The third resistance (R3) 1323.52 - ( 1313.29 - 1297.49 = 15.80 x 2 = 31.59 )= 1355.11
The second Resistance (R2) 1313.29 + 1323.52 - 1297.49 = 1339.32
First resistance (R1) 1313.29 x 2 = 2626.57 - 1297.49 = 1329.08
pivot points 1323.52 + 1297.49 + 1318.85 = 3939.86 / 3 = 1313.29
Support for the first (S1) 1313.29 x 2 = 2626.57 - 1323.52 = 1303.05
Support second (S2) 1313.29 - ( 1323.52 - 1297.49 = 26.03 ) = 1287.26
Third Support (S3) 1297.49 - ( 1323.52 - 1313.29 = 10.23 x 2 = 20.47 )= 1277.02
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analysis for today 7 / 17 / 2014
GOLD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1299.50
Retracement (50%) 1298.28
retracement (61,8%) 1297.05
Extensions (61.8%) 1309.91
Extensions (100.0%) 1313.89
Extensions (138.2%) 1317.87
Extensions (161.8%) 1320.32
calculation based on a Fibonacci retracement then today I choose buy
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.
http://prntscr.com/43k3qv
analysis for today 7 / 17 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 7 / 16 / 2014
OPEN 1293.72
HIGH 1303.48
LOW 1293.07
CLOSED 1298.95
The third resistance (R3) 1303.48 - ( 1298.50 - 1293.07 = 5.43 x 2 = 10.86 )= 1314.34
The second Resistance (R2) 1298.50 + 1303.48 - 1293.07 = 1308.91
First resistance (R1) 1298.50 x 2 = 2597.00 - 1293.07 = 1303.93
pivot points 1303.48 + 1293.07 + 1298.95 = 3895.50 / 3 = 1298.50
Support for the first (S1) 1298.50 x 2 = 2597.00 - 1303.48 = 1293.52
Support second (S2) 1298.50 - ( 1303.48 - 1293.07 = 10.41 ) = 1288.09
Third Support (S3) 1293.07 - ( 1303.48 - 1298.50 = 4.98 x 2 = 9.96 )= 1283.11
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.
Gold prices have been down, but seems there is enough support at this level, it might be a good buying opportunity then.
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.
http://prntscr.com/439wx2
analysis for today 7 / 16 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1300.24
Retracement (50%) 1302.79
retracement (61,8%) 1305.33
Extensions (61.8%) 1278.69
Extensions (100.0%) 1270.46
Extensions (138.2%) 1262.23
Extensions (161.8%) 1257.14
calculation based on a Fibonacci retracement then today I choose sell
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.
http://prntscr.com/434w0d
analysis for today 7 / 16 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 7 / 15 / 2014
OPEN 1306.84
HIGH 1313.56
LOW 1292.01
CLOSED 1293.72
The third resistance (R3) 1313.56 - ( 1299.76 - 1292.01 = 7.75 x 2 = 15.51 )= 1329.07
The second Resistance (R2) 1299.76 + 1313.56 - 1292.01 = 1321.31
First resistance (R1) 1299.76 x 2 = 2599.53 - 1292.01 = 1307.52
pivot points 1313.56 + 1292.01 + 1293.72 = 3899.29 / 3 = 1299.76
Support for the first (S1) 1299.76 x 2 = 2599.53 - 1313.56 = 1285.97
Support second (S2) 1299.76 - ( 1313.56 - 1292.01 = 21.55 ) = 1278.21
Third Support (S3) 1292.01 - ( 1313.56 - 1299.76 = 13.80 x 2 = 27.59 )= 1264.42
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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