Thread: Gold
Yesterday the Gold surged high facing next resistance 1347.04. Which is also a key resistance. If this resistance break, there is no resistance seen until 1439.81. Since our view is bullish , if price retraced back to around the EMA level and rejected it then we will find a long opportunity.
Current Important Resistance - Support :
1439.81 - 1347.04 - 1300.10
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gold technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 13.08.13
timeframe : 1 hour
time : 0900
market trand : up
adx wilder(14) level
style : 30.66
+di : 27.90
-di : 15.34
adx(14) level
adx : 19.00
+di : 18.58
-di : 16.04
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today i like to buy gold @ 1327.20
my stop loss of the day @ 1324.10
half take profit for today @ 1332.10
and further half take profit @ 1337.10
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Daily pivot Fibonacci points: Resistance levels: R1: 1343.05 R2: 1350.10 R3: 1361.02 Support levels: S1: 1321.05 S2: 1314.55 S3: 1302.69
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gold is very risk full and make good money if you can say that but you must understand it and understand the news on the american dollar correct cause this is the most effect
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.
Hi,,
in the chart 4h we can see the pair will go to down way in the future
I see the pair will go to 1304.02
I expect from this analyze that the price will go to down way
so sell from 1335.31 to 1304.02
good luck
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today i like to sell gold @ 1341.10
my stop loss of the day @ 1351.10
half take profit for today @ 1333.10
and further half take profit @ 1326.10
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.
time frame- H1
the price of the gold has been break all the resistance at the 1330 level also and moving up side. the is now try to break the strong resistance at the 1350.00 if this level is also break we can long with the take profit at 1400.00 and stop loss at the 1300.00
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.
Gold has just come to a close-month high resistance of 1344, given the strong northerly growth over the past few days, most likely the first time did not break through in 1344 - it should be expected from the beginning of the corrective decline in the Southern District 1313-1300, MACD on the hourly as well as on 4 hour chart is located in the upper zone.
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gold technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 12.08.13
timeframe : 1 hour
time : 1600
market trand : up
adx wilder(14) level
style : 39.91
+di : 41.46
-di : 12.27
adx(14) level
adx : 22.99
+di : 28.26
-di : 15.73
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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