likely same with silver, i see the Gold also look to more bearish - although for correction - so, it's better to stop your buy op, if you are now still have Op buy.
gold
indicator awesome oscillator sell good awesome oscillator indicator best to trader
entey:1406.56
tp:1400.65
less:1410
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Considering the purchase of gold, on the hourly chart, the price came close to the horizontal support 1390 and 200 MA, gold fall completely stopped the southern side and the beginning of consolidation (a sign appeared purchases) signal to go long break due to speak of short-term resistance of 1397, profit for 1413.
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since the early gold traded bearish. condition has been turned into a weekly LSMA pointing down. most likely the price will go down in a few days. because of the benchmark is still down, the secure transaction is sell. current open positions can also sell, place the stop loss pada1409.91. and place take profit at 1392.26. This signal is valid until the close of market london.
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Instrument: GOLD
Trading Signal - 30/8/2013 - 10:00 GMT+3
60min CHART
Upwards Weak
A Med-Low probability, entry signal to go LONG will be given with the upward break of 1416.00 after the market found support at 1402.00. Only the downward break of 1402.00 would cancel the bullish scenario and take us SHORT.
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Gold technical analysis
date : 08.30.2013
time : 11:45 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 37.11
2) MACD (26,12,9)
value: -2.476
3) ADX (14)
value: 26.34
4)CCI(14)
value: -61.71
overall trend - slightly bearish.
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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.
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 Gold In line 4H There are two consecutive summits
every top of the low of her next summit is
an indication of the low is uncertain,
and I expect his arrival to the support line at
the point of 1395.62 and buying at this point
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today i like to buy gold @ 1392.10
my stop loss of the day @ 1389.00
half take profit for today @ 1397.80
and further half take profit @ 1404.70
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