Thread: Gold
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 : 32.98
+di : 15.54
-di : 30.27
adx(14) level
adx : 36.42
+di : 9.52
-di : 35.16
so we can decide that the market trand is : down
timeframe : 1 hour
time : 1200 gmt
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Updtae:
The price of the gol remains stuck between the morning mentioned levels, which we are waiting for breaching one of them to detect the next trend clearly. Therefore, our neutral attitude remains valid, and to get more details about these levels and the expected targets, please takes a look at our morning report.
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today i like to sell gold @ 1359.00
my stop loss of the day @ 1362.40
half take profit for today @ 1356.00
and further half take profit @ 1353.30
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Analyzing structure from the July low suggests that a series of 4th and 5th waves should unfold. In other words, gold is headed higher but with corrections along the way.
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gold sell kare at market or profit target 1343 ka hai agr is ne 1343 b break kia to ye 1335 per jaye ga
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gold is gold hamari bhi pooree tuwaju gold ke trading par ha main bhi ab golg kee trading kar raha hoo gold say hamin bohot hi zayada munafa huwa ha osi lea ham gold main hi trading karna pasad kara hoo i maen jalde jalde aar ya paar
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Gold price is now bearish power. The price already touched daily support 1 level (1357.95). I think the price may touch daily support 2 level (1349.99).
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too risky to open short positions in the gold pair, because the look is so strong bullish power. reversal is likely to occur at the maximum point of the Fibonacci 38.2% to 50% where that point is a point that has been resistant in the previous break.
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The present pattern descending pattern 1530 targets and stop misfortune 1526 1542 if the value headed off to the most noteworthy focus breakers 1542 the pattern turned around to the upside focusing on 1545 and afterward 1550
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Gold on daily chart rejected 1375 level trend is long term bearish we can currently enter with short position with target of 1340 and 1300 stop loss should be above 1375. Only breaking of 1385 can change the trend. Today is friday and there is no USD important event is scheduled. So it's better that trade with small lot size current important level 1385 1337 1300
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