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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.
the pair price already touched daily support 1 level (1226.20) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1229.70).
so buy now from 1227.81
the pivot point will be my target
stop loss will be down the support 1 level (1226.20)
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Analysis for today13/12/2013
Resistance4: 1230.26
Resistance3: 1228.20
Resistance2: 1227.11
Resistance1: 1226.84
Pivot Point: 1225.53
Support 1: 1224.45
Support 2: 1223.96
Support 3: 1222.58
Support4: 1220.73
Good luck
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today i like to sell gold @ 1227.60
my stop loss of the day @ 1232.00
half take profit for today @ 1218.00
and further half take profit @ 1212.00
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GOLD
analysis for today 13 / 12 / 2013
Resistance 3 1299.17
Resistance 2 1261.67
Resistance 1 1242.92
Pivot Point 1225.08
Support 1 1211.03
Support 2 1192.28
Support 3 1153.38
BUY 1242.92 STOP LOSS 1211.03 TAKE PROFIT 1261.67 OR 1299.17
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.
i have not trades in gold yet. but i am going to try trade in gold. this thread makes me to do so. i also plan to use 0.01 lots size only. all gold traders are also may follow this lots size.
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Trading analysis for 13th Dec, 2013. GOLD in DAILY chart shows bearish trend. At present the price is below the pivot point. Short on reversal and put a target of take profit of 1st support i.e., 1213.61. If 1st support breaks then next strong support is 1158.98.
Pivot: 1235.20
Resistance levels
R1 1246.65
R2 1268.24
R3 1279.69
R4 1291.14
Support levels
S1 1213.61
S2 1202.16
S3 1180.57
S4 1158.98
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Cci (14): 48.49
Bulls (13): 0.37
I see the in pair up trend
So I will buy from: 1227.84
And my target today is: 1229.74
And target2 today is:1231.31
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.
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