Thread: Gold
pair- gold
chart analysis time frame- m30
analysis-
the price is having strong support at the 1222.55 level and a good setup of the resistance trend line. the price is now again moving down side without hitting the resistance trend line. if this is able to break this support then it will falling and move to the 1200.00 level. short this with the stop loss at 1245.00
good luck
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today i like to sell gold @ 1234.30
my stop loss of the day @ 1237.00
half take profit for today @ 1226.00
and further half take profit @ 1222.00
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date :16 december 2013
pair : gold
the pair in down trend
indicators down : 6
indicators up : 2
ao :-24.177
ac :8.453
bears(13):-12.98
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.
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 will show the movement slightly higher on Friday, correcting some of its earlier losses, but the price is still in a bearish trend, below the key resistance area between 1244.32 to 1250.32, therefore, our view remains bearish for this week.
Short gold Recommendations under 1242.60, 1229.36 and 1220.12 targeting the stop-loss above 1256.40.
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 16/12/2013
Resistance and Support
R3: 1232.34
R2: 1230.54
R1: 1229.23
Pivots: 1228.50
S1: 1229.45
S2: 1227.56
S3: 1226.09
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.
Support and resistance today
R3: 1232.91
R2: 1230.23
R1: 1229.98
Pp: 1228.40
S1: 1227.97
S2: 1226.51
S3: 1224.09
Buy from: 1228.47
target1: 1229.92
Stop loss: 1226.96
Good luck for all
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.
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.
Date: 16 dec-2013
TRADING by using pivot indicator.
indicators today : sell
if price break down LEVEL : 1234.49
the pair will go to :1233.10
and then go to level :1231.80
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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