today i like to sell gold @ 1249.00
my stop loss of the day @ 1256.60
half take profit for today @ 1241.00
and further half take profit @ 1236.00
today i like to sell gold @ 1249.00
my stop loss of the day @ 1256.60
half take profit for today @ 1241.00
and further half take profit @ 1236.00
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Initial support at 1490 (Jun 27 low) followed by 1485 (76.4% retrace of 1462.45-1558.25). Initial resistance is now at 1526 (June 24 high) followed by 1523
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hi all,
i have my sell position @ 1226.90
to be safe set my T/P @1221.26
Also have a pending order buy @ 1220.01
lets see what happens.
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TRADING by using pivot indicator.
indicators today : sell
if price break down LEVEL :1224.30
the pair will go to :1222.02
and then go to level :1219.48
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Trade Deficit in U.S. Shrink 5.4 Percent in October to $40.6 Billion.
Gold is trading at 1224.35 USD , If gold stays below 1229 USD level and not crosses 1245 usd level Then i can see a Huge Crash and tend to 1180-1164 USD levels . In other way breaking of 1260 level will turn the short term gold bullish. A lot of news coming in this week so its better if u are trading then use small lot are stay away from market.
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the trend is still up
if indicates the trend is still trade above from : 1213
Recommendation: buy
Take profit1: 1215
take profit2:1218
Stop Loss :1200
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GOLD
analysis for today 12 / 4 / 2013
Resistance 3 1286.06
Resistance 2 1248.56
Resistance 1 1229.81
Pivot Point 1223.05
Support 1 1206.33
Support 2 1187.58
Support 3 1148.68
BUY 1229.81 STOP LOSS 1206.33 TAKE PROFIT 1248.56 OR 1286.06
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 : 4/12/2013
frame : h1
i add my order buy at 1220
take profit today = 1223
sl today is : 1215
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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