we can see in the 1d chart
the pair can close up the up trend line
i see the pair will go to up way to 1294.65
stochastic refers that the pair will go up
so our target buy from 1245.98 and our target will 4772pips
Thread: Gold
we can see in the 1d chart
the pair can close up the up trend line
i see the pair will go to up way to 1294.65
stochastic refers that the pair will go up
so our target buy from 1245.98 and our target will 4772pips
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the pair price already touched daily support 1 level (1241.00) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1250.00).
so buy now from 1245.60
the pivot point will be my target
stop loss will be down the support 1 level (1241.00)
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Dear brother gold trade sab se zeyada risky hai lekin sab se zeyada profitable bhi hai gold trade karne ke liye bohat hard work karne ki zarorat hoti hai kion ke iske liye bohat zeyada experience ki zarorat hoti hai gold trade main market tezi se up and down hoti hai is liye apko heavy loss bhi ho sakta hai is liye gold trade karne se pehle achi tarha experience hasil kar len .
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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
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