Thread: Gold
The price of the gold trading is stuck between the EMA50 which acts as an intraday support at 1352.00 and the broken bullish channels support which turns into resistance now at 1385.00, forcing us to remain neutral until surpassing one of these levels. Note that breaching above the mentioned resistance will open the way towards targeting 1450.00, while breaking the support will lead to a new test to 1300.00.
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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 : 45.59
+di : 23.98
-di : 13.06
adx(14) level
adx : 25.03
+di : 15.19
-di : 15.38
so we can decide that the market trand is : up
timeframe : 1 hour
time : 0500 gmt
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dear friend i think is that in forx trading gold is best if you do practice on demo account and also do always trading on gold i think is that in trading gold is best and if you practice on gold then you may earn many more
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.
While this is still GOLD sideways between 1375.11 and 1358.24 levels. Gold in the daily TF has signaled a bullish trend reversal. Entry to buy is a good choice from now on, however, to get in position, you should see a trend in H1, if aligned with the Daily trend, then chances BUY can be done. Short-term targets for gold today at the level of 1383Spoiler:
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Gold analysis :
date : 09.20.13
time : 03:00 GMT
time frame : 15 min
current rate : 1364.08
high : 1368.06
low : 1361.34
net change : -0.17%
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.
Gold analysis for 09.20.2013 by using pivot indicator.
r3: 1391.35
r2: 1383.23
r1: 1374.48
pivot: 1366.36
s1: 1357.61
s2: 1349.49
s3: 1340.74
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.
time frame- H1
gold price is now moving in the up trend channel pattern it having the strong support at the 1360 level. if this support is break then price will try to move again the lower side at the 1323.25. the price also making double top chart pattern.
trade type- short@1360.00
target@1323.25
stop loss@1380.00
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.
Daily pivot Fibonacci points: Resistance levels: R1: 1372.76 R2: 1376.89 R3: 1383.13 Support levels: S1: 1359.45 S2: 1355.95 S3:1349.53
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yes dear Gold ka 1 bahut strong resistance lagta hai 1550 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nahi aayega.as us index moving avergence with gold .. it was a noise signal...nothing much to predict.....
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 analysis :
date : 09.19.13
time : 17:15 GMT
time frame : 15 min
current rate : 1369.60
high : 1375.11
low : 1358.24
net change : 0.68%
overall trend : slightly bullish.
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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