Subscribegold is very risky in forex we can get huge profit from gold trade and same in case of lose but now a days i prefer to sell gold from high points because it seems to come down more .
Thread: Gold
gold is very risky in forex we can get huge profit from gold trade and same in case of lose but now a days i prefer to sell gold from high points because it seems to come down more .
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Date: 29-11-2013
Time frame: 1h
High and low prices
High today is: 1244.90
Low today is: 1240.60
Total pips today: 430
So sell from: 1242.45
Our target 1 is: 1242.25
Our target 2 is: 1242.05
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Date: 29-11-2013
TRADING by using pivot indicator.
indicators today : sell
if price break down LEVEL :1241.00
the pair will go to :1239.50
and then go to level :1225
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Spoiler:
TECHNICAL ANALYSIS
GOLD
TIME FRAME H1
Exponential MA "18" : NEUTRAL
Exponential MA "28" : NEUTRAL
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BEARISH
TREND: BEARISH
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cci(14) : 148
bulls (13) :0.0016-
i see the in pair down trend
so i will sell from :1242
and my target today is : 1239
and target2 today is : 1237
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.
analysis for today 11 / 29 / 2013
My daily trading,I hope the day is a success ...
GOLD (Daily Trade)
Resistance : R1 1251.15 R2 1260.60 R3 1279.35 R4 1316.85
Support : S1 1235.40 S2 1225.95 S3 1207.20 S4 1169.70
Open : 1244.70
High : 1244.70
Low : 1241.85
Range : 285 Pips
Running Price : 1242.22
For intraday trade today suggest BUY at the level 1242.22 stop loss at the level 1235.40 target take profit at the level 1279.35 or at the level 1316.85
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.
main nay gold me trading ki nhi hay kabi lakin main janta hon ka gold me trading karna asan nhi hay es kay liye ap kay pass high capital ka hona zrori hay aur agr aap kay pas low hay to ap ko loss ky chances hain es liye main es ko use nhi karta
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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GOLD 29-11-13
Gold should be subject to more sell off towards 1239.98 or 1238.01. Corrective upward swings should face resistance around 1254.41 area. A break of 1252.95 is bullish.
Key Point 1249.74
Entry Point 1242.31
Trendline 1 1246.42
Trendline 2 1236.93
Support 1 1238.01
Support 2 1230.95
Resistance 1 1249.01
Resistance 2 1252.95
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we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 1245.96
stochastic refers that the pair will go up
so our target buy from 1243.96 and our target will 200pips
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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.
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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