Pair : gold
Updated : 12 dec
movement: 0.003%
Support : 1242.69
Pivot : 1226.60
Resistance: 1267.55
buy from: 1226.85
target: 1229.80
stop loss: 1225.80
Thread: Gold
Pair : gold
Updated : 12 dec
movement: 0.003%
Support : 1242.69
Pivot : 1226.60
Resistance: 1267.55
buy from: 1226.85
target: 1229.80
stop loss: 1225.80
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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.
Date: 12dec-2013
TRADING by using pivot indicator.
indicators today : sell
if price break down LEVEL :1229.15
the pair will go to :1224.12
and then go to level :1217.50
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Date: 12-12-2013
indicators today : down
if price break down :1227.17
the pair will go to :1222.24
and then go to level :12210.65
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its very risky. its not a common man trade. if you have big ammount of money then you can trade in this pair.otherwise if you dn't have enough money in your account then i'll suggest you that you should not trade in this pair. but its a very profitable pair. i suggest you that if you have enough money then you should trade in this bussiness.
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in 1h chart
the pair trade down the dawn trend
my entry price is : 1228
i see the pair will go down to 1st tp : 1220
2nd tp : 1215
3rd tp : 1202
good luck![]()
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Trading Signal - 12/12/2013 - 10:00 GMT+3
Instrument: GOLD
Upwards Strong
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the lock in profits level
(1250.00). Provided the market conditions will remain the same the TP2 will be reached soon.
Support & Resistances
1250.00 1260.00
1240.00 1275.00
1230.00 1285.00
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Today 12/12/2013
Resistance and Support
R3: 1240.49
R2: 1239.42
R1: 1237.94
Pivots: 1236.92
S1: 1234.54
S2: 1233.84
S3: 1231.09
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pair- gold
chart analysis time frame- M30
analysis-
the price is again turn to the down side and this is break the strong support at the 1250.30 level and falling with strong bearish candle. tthe price may be again its long time frame down side. hold the short position with the take profit at 1210.00 and stop loss at the 1270.00
good luck
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Update: 12 December 2013
resistance3: 1248.01
resistance2: 1245.65
resistance1: 1244.23
Key point: 1242.60
support1: 1241.89
support2: 1240.11
support3: 1238.56
sell: 1244.18
Short target: 1242.67
Long target:1240.12
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