Thread: Gold
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The gold weekly closing 1316, swallowed the last week's big line, short-term bottom, the apparent upward trend, next week I choose the dips do more, around 1305 more, 1270 stop loss, profit only 1350
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mujhay to gold trade bhut hi risky trade lagti hai gold trade karna bhut mushkil hai or manay to jab bhi gold per trade ki hai mujhay loss hi hua hai gold per trade karnay kay leya forex ki achi knowledge honi chay.
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Now gold is in a downward trend and that's made a very good price and a clear roll back to the incline of the trend line and the horizontal level of resistance ... candles were small and I think that right now the players can recruit south position ... so you can try to sell a fairly small stop above resistance 1327 ...
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.
gold today's evening time analysis basis of stochastic(5,3,3) and adx(14)
stoch(5,3,3)
main : 43.54
signal : 34.45
adx(14)
adx : 51.36
+di : 6.63
-di : 22.44
so we see the market
condition : neutral
overall trend : slightly bearish
timeframe : m15
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Gold technical analysis
date : 10.18.2013
time : 16:30 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 42.01
2) MACD (26,12,9)
value: -0.759
3) ADX (14)
value: 43.84
4)CCI(14)
value: -92.35
overall trend - slightly bearish.
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Trading Signal - 18/10/2013 - 10:00 GMT+3
Instrument: GOLD
60min CHART
Upwards Strong
The market is testing support at 1310.00. We are waiting to see reversal signals in order to reinstate LONG positions. Next
important support the 1295.00 level.
Waiting for a retracement lower towards the 1300.00 support level, in order to reinstate LONG positions.
Support & Resistances
1310.00 1325.00
1295.00 1335.00
1280.00 1350.00
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GOLD analysis at time 1 hours. I am sticking with the analysis simple moving average
SIMPLE Moving average 5 1318.838000 SELL
SIMPLE Moving average 10 1319.139000 SELL
SIMPLE Moving average 20 1318.751000 SELL
SIMPLE Moving average 50 1303.117200 BUY
SIMPLE Moving average 100 1289.271500 BUY
of prices on the simple moving average. gold in the neutral condition. I do not dare open gold position
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four hour period price in the vicinity of MA200, MACD in the 0 axis, the market is down callback.
One hour period price in MA200, MACD in the 0 axis, is a rising market shocks.
Today suggested: callback to 1300 near the light warehouse buy, stop near 1292, only the surplus near 1325
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