today i like to buy gold @ 1357.10
my stop loss of the day @ 1354.00
half take profit for today @ 1363.00
and further half take profit @ 1369.00
today i like to buy gold @ 1357.10
my stop loss of the day @ 1354.00
half take profit for today @ 1363.00
and further half take profit @ 1369.00
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.
The price of the gold affected by negative pressure yesterday, after the negative signal that was mentioned in our last report, to approach now from the bullish channels support that appears in the image which is located at 1350.00. The EMA50 meet with this support besides Stochastic reaching the oversold levels is providing support for the bullish trend returns chances again, therefore, the risky traders can ride a bullish wave from there, while being careful is required in the upcoming trading, especially when testing the mentioned support.
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Gold analysis for 09.06.2013 by using pivot indicator.
r3: 1424.18
r2: 1411.83
r1: 1389.37
pivot: 1377.02
s1: 1354.56
s2: 1342.21
s3: 1319.75
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Today we should just place sell and go away for the bearish door opened well the US data broke yesterday, now sometime traders feel they can predict what would happen in the market which work out with the help of technical analysis , but coming down to gold we saw that bearish door was opened yesterday,
Technical analysis on Daily chart we can see that gold is having a pull back of 50% of the up move or bull move from swing low 1272.65/ swing high 1433.48 and the 50% is 1353.07 which from the look of how price is the market has a strong bearish move which makes us to be looking at price getting to 1334/1320.31 where 1320.31 is a support above the 78% fibo @1307.07 which if price should break the we can say possible of bearish move continuing but that would be 100% sure if price break through 1272.65.
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The following data is predicted based on indicators that we use for the currency pair SILVER today, for today's support and resistance levels as follows: (R3=24,14), (R2=23,875), (R1=23,505), (Pivots=23,240), (S1=22,87), (S2=22,605), (S3=22,235)
recommendation:
place your sell stop at 1377,01 target profit at 1000 pips (Seller zones)
place your buy stop at 1377,03 profit target at 1000 pips (buyer zone)
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Gold analysis :
date : 09.06.13
time : 03:15 GMT
time frame : 15 min
current rate : 1371.65
high : 1373.58
low : 1365.42
net change : 0.45%
overall trend : slightly bullish.
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Gold is a very precious metal and chemical element that has the symbol Au and atomic number 79 in the periodic table. And called its natural state before the beating gold dust. It is soft and shiny yellow color, use as a criticism when many peoples and civilizations and nations, as it is used in the manufacture of jewelery and gems. Exists in nature in the form of granules within the rock and river beds, or in the form of veins in the ground, and often there is gold with other metals such as copper, lead, and discovered the largest block of gold in Australia in 1896 and was weighed 2.280 an ounce, and the advantage of gold lack of corrosion and softness It is also one of the most intensive chemical elements.
And gold has existed in abundance when the Pharaohs And they make him the coffins of their kings and their vehicles as they made him a mask of the most beautiful masks known to mankind was made of pure gold of the Pharaoh Tutankhamun.
And a gold monetary base used by the International Monetary Fund (IMF) and the Bank for International Settlements (BIS) as that of the went Astamlat the other is used in dentistry and electronics.
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H1 analysis for 2013.09.06 03:53:48 ,currency GOLD is Bollinger Bands = TREND DOWN, Elliot Wave = TREND DOWN, RSI = TREND UP, CCI = TREND DOWN, ADX = TREND DOWN, MACD = TREND DOWN, Parabolic SAR = TREND DOWN, Stochastic = TREND UP, William Percent = TREND DOWN, Aaron = TREND DOWN recommendation conclusion of signal TREND DOWN
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Update:
The price of the gold trades with slight bullish bias since morning, and we still waiting for a confirmation signal for the next trend, where surpassing one of these critical levels between 1374.00 support and 1416.00 resistance is required. Therefore, our neutral attitude remains valid for the rest of todays trading.
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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.
bro je main to abi new hain mugy to abi gold ka itna pata ni he.q ke main abi demo accunt ko use kr raha hain aur buht jald seehk kr agy jana chata hain.........bhai je sory main gold ke bary main kuch ni kah skta han,,,,,,,,,,,,,
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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