Thread: Gold
Trading Signal - 23/9/2013 - 15:00 GMT+3
Instrument: GOLD
60min CHART
Downwards Strong
The market is testing resistance at 1330.00. We are waiting to see reversal signals in order to reinstate SHORT positions, or alternatively the downward break of the 1310.00 support level. Next important resistance the 1345.00 level.
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gold tarde to bhut hi risky tarde hai manay jab bhi gold per trade ki hai mujhay loss hua hai our loss kay sath mara sara balance bhi khtm ho jata hai mujhay to gold trade bhut hi risky trade lagti hai..
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Gold Currently is moving near 1322 USD price Technical Update :- Gold looks bullish if it crosses and trades above of 1332/34 USD targeting to 1341-1356-1364-1368-1374 USD levels.
Also Gold having a key support at 1313/1305 USD,below I can see 10-17 USD correction .
Trading Rang :- 1314-1355 USD levels.
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gold, prices moved sideways yesterday but tends to go down. Downward movement of gold is increasingly weakened. Gold ****ually build up strength for stronger, though if today's gold managed to close below the pivot level, is likely to fall to 1313 levels until 1309. As for bullish positions can be maintained for the long term.Spoiler:
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Gold analysis :
date : 09.24.13
time : 03:15 GMT
time frame : 15 min
current rate : 1326.11
high : 1328.65
low : 1320.84
net change : 0.42%
overall trend : slightly bullish.
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gold
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 29.62
+di : 20.03
-di : 9.56
adx(14) level
adx : 37.98
+di : 11.76
-di : 5.04
so overall market trand is : slightly bullish
timeframe : m15
time : 0300 gmt
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time frame- H1
the price is making the triangle chart pattern with having the resistance at the 1327.50 level. but lower side it is not able to move below the 1313.00 level. if the price break resistance then it will be again up direction and move to the 1350.00 level
trade type- long
target@1350.00
stop loss@1300.00
good luck.
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Hi,,
in the chart 4h we can see the pair will go to up way in the future
I see the pair will go to 1356.01
I expect from this analyze that the price will go to up way
so buy from 1322.07 to 1356.01
good luck
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Update:
The price of the gold shows tight trading since morning, with some slight bearish bias now, while we remain preferring the sideways trading on the intraday basis, until managing to confirm surpassing one of the critical levels between 1300.00 support and 1350.00 resistance.
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Gold analysis :
date : 09.23.13
time : 17:15 GMT
time frame : 15 min
current rate : 1327.05
high : 1331.59
low : 1313.16
net change : 0.13%
overall trend : neutral.
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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