Gold: at 1211.00-1195.00 range cast high low suck (first fall in place to buy, first rise in place to sell), effectively break a $5 stops.
Gold is still a short trend. High shorting. Is this choice.
Thread: Gold
Gold: at 1211.00-1195.00 range cast high low suck (first fall in place to buy, first rise in place to sell), effectively break a $5 stops.
Gold is still a short trend. High shorting. Is this choice.
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today i like to sell gold @ 1203.00
my stop loss of the day @ 120600
half take profit for today @ 1200.00
and further half take profit @ 1197.00
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
chart analysis time frame- M15
the price is break its side way movement in the support and resistance range between 1198.90 to 1197.00. its break to the resistance side so it will up to the 1203.40 level. if this is moving down then it will at the 1180.00 and lower. hold the long position with the stop loss at 1175.00 and take profit 1250.00
good luck
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Trading analysis for 24th Dec., 2013. GOLD in DAILY chart shows bearish trend. At present the price is reverse from the 1st resistance level. Sell on the reversal and put a target of take profit at 1st support level i.e., 1192.07 and next strong support is 1172.03.
Pivot: 1198.88
Resistance levels
R1 1205.31
R2 1212.12
R3 1218.55
R4 1224.99
Support levels
S1 1192.07
S2 1185.64
S3 1178.83
S4 1172.03
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XAUUSD Technical Analysis for 24/12/2013
GOLD : SELL
BID PRICE 1198
EXPONENTIAL MA 20 1199 NEUTRAL
EXPONENTIAL MA 50 1204 SELL
EXPONENTIAL MA 100 1217 SELL
PARABOLIC SAR 0.02/0.2 1188 BUY
RSI 14 39.78 SELL
MACD 12,26,9 -6.899 SELL
Spoiler:
Support : 1176
Pivot : 1200
Resistance : 1219
Trend : Bearish
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analysis for today 12 / 24 / 2013
My daily trading,I hope the day is a success ...
GOLD (Daily Trade)
Resistance : R1 1205.84 R2 1215.29 R3 1234.04
Support : S1 1190.08 S2 1180.63 S3 1161.88
Open : 1198.50
High : 1199.38
Low : 1196.54
Range : 284 Pips
Running Price : 1197.97
For intraday trade today suggest SELL at the level 1197.97 stop loss at the level 1205.84 target take profit at the level 1161.88 or at the level 1124.38
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 moved slightly higher on Friday, after testing the 1211.13 level extensions. where the complementary pattern near the main low at 1180.05. Thus, there is potential for upside correctional rebound this week, as long as the 1180.05 low on the basis of daily closing intact. A break below 1180.05 clears the way for continuing the overall trend is bearish.
Support: 1190.46, 1180.97, 1165.65, 1155.58, 1150.18
Resistance: 1200.85, 1210.45, 1220.75, 1230.36, 1243.05
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.
Current market looked directionless today, in truth it had been inadequate decisiveness as well as looked confused especial over usd job data, i do believe it's going to be in very same scenario until finally there's no effective announcement or perhaps assurance from larger specialists. Nevertheless constructive that it found support upon 1625 again as well as produced a superb recovery. Nevertheless slippage under 1640 again as well as again is just not very good sign around my views.
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my dear main just eur usd par trade karta hoon gold ka bhi acha pair hai aur lakin gold ki market bohat fast hai mujhe eru usd par trade karna bohat pasand hai main es say bohat acha profit earn karta hoon daily mein
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.
today i like to sell gold @ 1202.00
my stop loss of the day @ 120700
half take profit for today @ 1197.00
and further half take profit @ 1193.00
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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