today i like to sell gold @ 1384.10
my stop loss of the day @ 1389.00
half take profit for today @ 1380.60
and further half take profit @ 1376.10
Thread: Gold
today i like to sell gold @ 1384.10
my stop loss of the day @ 1389.00
half take profit for today @ 1380.60
and further half take profit @ 1376.10
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, with prices moving sideways yesterday. This seller currently still dominate the market, because the price is below the band BS daily. tendency towards weekly fall, as weekly LSMA pointing down. Daily LSMA current conditions pointing down, and look at the price of trying to play down LSMA daily. then only sell safe transaction. now is a good time to open a sell position, because the price is below the daily LSMA down. target price is 1377.60.
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 is still subject to strong pressures bears are concentrated around the sliding alligator, now feel the strength sineyu Rolling, much like a pair of completely stopped beside her and slowly wrapped again to the south, Stochastic has formed a sell signal, reducing the waiting area in 1365-1360.
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.
The following data is predicted based on indicators that we use for the currency pair GOLD today, for today's support and resistance levels as follows: (R3=1434,92), (R2=1413,87), (R1=1402,65), (Pivots=1381,60), (S1=1370,38), (S2=1349,33), (S3=1338,11)
recommendation:
place your sell stop at 1381,598 target profit at 1381,396 (Seller zones)
place your buy stop at 1381,602 profit target at 1381,804 (buyer zone)
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Gold analysis for 09.09.2013 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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Last week we found Gold had a downtrend at the beginning of week but after NFP report we found that Gold moves to higher and the uptrend is still alive,
Today the most important resistance area is 1400 if the resistance could be break then more uptrend would be happen now the price is 1388.71.
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gold, on Friday yesterday bullish movement. gold could make a new high. the current price is above the band BS daily. weekly LSMA conditions could be pointing up but back down. because the price is above the BS band then focused to look for long positions. the current price is below the daily LSMA, then open a buy position is currently dangerous. wait the price is above the daily LSMA to open a buy position. target price is 1399.43.
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.
Weekly Gold Price Resistance, 1450 $
Weekly Gold Price Support 1364 $
Last week gold traded with a zig zag move all around. Now if it click our resistance and manage to close above our resistance level then gold price can test upto 1480-1520 $
If gold price click our support and manage to close below our support level then the gold price can sink upto 1330-1300 $ and even more red color in gold prices not ruled out.
Overall last week gold had entered in weak range
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