Update: 16 December 2013
resistance3: 1239.43
resistance2: 1237.23
resistance1: 1236.79
Key point: 1235.30
support1: 1234.69
support2: 1233.21
support3: 1231.79
sell: 1235.37
Short target: 1234.75
Long target:1232.65
Thread: Gold
Update: 16 December 2013
resistance3: 1239.43
resistance2: 1237.23
resistance1: 1236.79
Key point: 1235.30
support1: 1234.69
support2: 1233.21
support3: 1231.79
sell: 1235.37
Short target: 1234.75
Long target:1232.65
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Gold would likely see some buying interest at the 12/6 low at 1210.10, the 6/28 low of the 1179.80 and the Fibonacci projection of 1172. Resistance comes in at the Fibo at 1268.30.
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GOLD 16-12-13
Gold should test 1253.97 area after which a sell off down to 1225.99 or extended to 1214.22 area is expected.
Key Point 1245.87
Entry Point 1233.23
Trendline 1 1241.23
Trendline 2 1220.43
Support 1 1225.99
Support 2 1214.22
Resistance 1 1244.15
Resistance 2 1250.52
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MY ANALYSIST FOR pair TODAY,15dec 2013 USING PIVOT POINT STRATEGY
sell limit STOP : 1237.41
TP: 1236.10
if price close above : 1238.75
the pair will go to : 1239.99
HAPPY ENJOY TRADING...
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price now: 1238.2500
buy price @ 1229.05
profit in pips :920
stop loss :1229.32
Resistance 1: 1251.72
Resistance 2: 1255.62
support 1: 1218.68
support 2: 1214.78
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.
as much I have trading experience gold come down more gold is still on down trend so its time to sell I think so.
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Today 15/12/2013
Resistance and Support
R3: 1241.89
R2: 1240.23
R1: 1238.09
Pivots: 1237.41
S1: 1235.93
S2: 1234.56
S3: 1233.21
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Cci (14): 94.63
Bulls (13): 5.08
I see the in pair down trend
So I will buy from: 1237.41
And my target today is: 1238.21
And target2 today is: 1240.45
Good luck
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gold aik dangerous pair hai jis me mughe hameesha lose howa hai aur ab me gold se door rehna pasand karta hon aur is par trade nahi karta
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