GOLD
TIME FRAME H1
Exponential MA "18" : BULLISH
Exponential MA "28" : BULLISH
Exponential MA "50" : BULLISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH
TREND: BULLISH
Thread: Gold
GOLD
TIME FRAME H1
Exponential MA "18" : BULLISH
Exponential MA "28" : BULLISH
Exponential MA "50" : BULLISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH
TREND: BULLISH
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elliott wave flat correction down 1187.34 market should not go lower than 1195.78 - 1188.92 after this move down it should go up to 1206.49 - 1210.34 area
support and resistances
res2 1224.07
res1 1210.34
sup2 1181.22
sup1 1188.92
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GOLD
analysis for today 12 / 31 / 2013
Resistance 3 1269.17
Resistance 2 1231.67
Resistance 1 1212.92
Pivot Point 1196.16
Support 1 1182.84
Support 2 1164.09
Support 3 1125.19
BUY 1212.92 STOP LOSS 1182.84 TAKE PROFIT 1231.67 OR 1269.17
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Trading Signal - 30/12/2013 - 10:00 GMT+3
Instrument: GOLD
60min CHART
Downwards Strong
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the lock in profits level (1220.00). Provided the market conditions will remain the same the TP2
will be reached soon.
A Medium probability, entry signal to go SHORT was given at 1205.00 after the market found resistance at 1220.00. Only the upward break of 1220.00 would cancel the bearish scenario.
Support & Resistances
1200.00 1210.00
1195.00 1220.00
1190.00 1230.00
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ji han bhai jaan gold aik ashi trading strategy hy jab app gold mein trading karo gy to app ko iss mein trading karny ka bohat hi maza aye ga kiun ye aik bohat hi asha system hy jis mein app bohat hi ashy traiky sy trading kar sakty ho.
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elliott wave correction zigzag 1219.75 one move lower to 1209.34 or 1204 or 1204.23 is anticipated while below 1216.80 - 1219 area stop loss above 1224.27
support and resistances
res2 1224.27
res1 1219
sup2 1204
sup1 1209
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GOLD rebound from 1208.85 to 1218.59 limited. Thus, there is potential for upside correctional rebound this week, as long as the 1219.00 low on the basis of daily closing intact. A break below 1211.00 clears the way for continuing the overall trend is bearish.
Support: 1211,00,1210,00, 1209.00, 1208.00, 1207.00
Resistance: 1212.00, 1214.00, 1216.00, 1219.00, 1223.00
Recommended length above 1212.00, 1218.00 and 1219.00 targeting at. Stop loss below 1210.00
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gold is very good metal for trading and gold trading is more profitable than any other trading type sothat i always do trade with gold to ge more and more profir also its movement is very good
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.
gold
http://pcm-fx.com/forums/forum.php
On the H4 TF, We were observing a reversal after having a harmonic pattern being formed. Currently the price is floating around conversion area as well as downtrend line. A Bullish push will be seen by having the trend line broken around $1220 area.
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