Thread: Gold
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Technology Daily Show, 5 SMA at 10 SMA level above, RSI index and random index showed prices bullish market outlook. But it is worth noting that, although the gold at this week 13 points above, but the geopolitical factors, as well as the market rumors the option factor, is pushing the extreme situation, and the influence of the above two factors, prone to change radically, follow-up development should pay close attention to.
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First of thank you dear you inviting us on your thread and jaise ki app ko bhi pata hain gold ak bahot popular trading pair hain kyunki is main har time price movement hoti rehti hain jab bhi dek lo par is main trading karna risky hain kyunki is me spread jyeda hain.
"I don't believe in taking the right decision,I take a decision and make it right".
Stabilized above the trading price of gold falling wedge resistance breached yesterday, which is a positive factor supporting the continuation of the bullish tendency in the coming period, but note that the SMA 50 is a resistance to impede the instantaneous high price, along with the stochastic has the positive intention clearly.
The short-term focus on whether the rally above the $1300 mark, and the need to break the $1320 form can confirm the bottom. Below the support at 1285, at 1280, below the trend will restore pressure. Expected short-term or wide in 1280 to 1310 between on and off. Further trend need to observe.
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 hit a low of 1268.40 on the daily chart in mid supported oversold bounce, is expected to rebound resistance will still continue to decline. From the map hour trend, the last trading day of gold record low support oversold bounce, the current has broke through the 1286.90 resistance, short-term decline stage ends. The current upward momentum obvious advantage, but up to 1298.30 resistance high callback, is expected to callback to around 1287 support still further uplink space.
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 - 24/04/2014 - 10:00 GMT +3
Instrument: GOLD
60min CHART
Upwards Weak
Waiting for the upward break of 1290.0000 resistance level, which will complete a bullish trend reversal pattern to go
LONG. Only the downward break of 1280.0000 would cancel the bullish scenario.
Support & Resistances
1280.0000 1290.0000
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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 chart down to 1277.35 support rebound, the formation of a breakthrough before the mid-term operation is still in the 1277.35-1331 range. From the map hour trend, gold after the early decline, short-term support around the 1277.45 innovative low low flag formed the form relay prototype, expected after short-term adjustment will fall to the 1277.45 line. The process of falling short-term resistance at 1293
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.
Fig. two average 4 hours in short order, 15EMA suppress the formation of the pressure line and form; inflection point and pressing, the market in short patterns; but recently K-line form showed that short-term short kinetic energy lack and adjustment requirements; days may remain low adjustment, maintain a wait-and-see or cautious investors bear suggestions in this situation. Pay attention to pressure 1289, 1295, 1275 support, 1270
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.
From the beginning of last week, the price of gold in the vicinity of 1330 continued to fall, the short-term price fell to a 4 month low, but the price declines slowly, short-term signs of bottoming, four hours of MACD in the low minor "金叉" signs, KD indicator also turned head upstream, so short-term prices bottomed back facing the rising trend, days on resistance around 1286, after the breakthrough will rise to near 1290, 1293 after the break above the 1300 target
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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