Price raised $5 once market open and fashioned another optimistic candle on daily chart, if its able to break the 1551 then we have a tendency to see some fast rally toward all time high, Hold on purchase order until all time high.
Thread: Gold
Price raised $5 once market open and fashioned another optimistic candle on daily chart, if its able to break the 1551 then we have a tendency to see some fast rally toward all time high, Hold on purchase order until all time high.
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today,Initial support at 1518 (May 27 low) followed by 1504 (May 23 low). Initial resistance is now at 1650 (June 1 high) followed by 1377 (All time high).
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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: 28-11-2013
TRADING by using pivot indicator.
indicators today : sell
if price break down LEVEL :1237
the pair will go to :1234.50
and then go to level :1231.89
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today i like to sell gold @ 1247.00
my stop loss of the day @ 1251.30
half take profit for today @ 1243.00
and further half take profit @ 1238.00
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date : 28 november 2013
pair :gold
mfi(13):38.39
mfi(15):41.85
a/d :1529
opv :5875
volumes :14924
the pair in up trend
i see the pair go up from :1243.85
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the pair price already touched daily support 1 level (1203.00) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1293.00).
so buy now from 1243.86
the pivot point will be my target
stop loss will be down the support 1 level (1203.00)
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in 1h chart
today i will sell this pair from :1241
our stop loss today : 1245
half take profit for today :1238
and our take profit2 :1235
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hi to all
pair: gold
price: 1243.34
date : 28 november 2013
high to low : 981
open to low : 263
open to hi: 718
the pair trade in up trend
we will buy at: 1243.34
our target1 : 1244.34
our target2 : 1245.34
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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