gold forecast for today 19 july 2013
as we can see from H1 chart, this gold price want to test the resistance again at around 1294
current price: 1285.6
we can short buy for this gold with stop loss at 1280
take profit at : 1293
good luck...
Thread: Gold
gold forecast for today 19 july 2013
as we can see from H1 chart, this gold price want to test the resistance again at around 1294
current price: 1285.6
we can short buy for this gold with stop loss at 1280
take profit at : 1293
good luck...
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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.
time frame- H1
the up movement of the gold is rejected from the strong resistance at 1293.90 level but down side hold at the strong support at 1274.70 level. now this is again move at the resistance side with breaking pivot point. we can long this with the take profit at 1293.00
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.
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 1h we can see the pair will go to up way in the future
I see the pair will go to 1298.04
I expect from this analyze that the price will go to up way
so buy from 1287.75 to 1298.04
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.
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 continues to trade within the side of the price range 1297 - 1270, a few hours ago, an all-clear from the lower end of this range in 1270, now is the formation of the new northern wave, the price has managed to break through the upper zone 2 fractals 1278, now if she would be able to break through the sliding sineyu it will target 1297.
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Gold trading near $1280 level after 1% drop in last session.
While Federal Reserve Chairman Ben Bernanke confirmed there was no set timeline for pulling back U.S. stimulus program.
In his semi-annual report to the U.S. House of Representatives` Financial Services Committee, Feds chairman Ben Bernanke said the central bank still expected to start scaling back its stimulus later in 2013, but left open the option of changing that plan if needed.
Technically, Gold will remain in range between $1267 & $1285.
In current picture, Selling is attractive below $1285 & expected prices to drop below $1250 again.
Direction will change as $1300 level breaks and will give favor towards $1312 & $1324.
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GOLD Trading Signal - 18/7/2013 - 10:00 GMT+3 60min CHART Downwards Weak
The market is testing resistance at 1280.00. We are waiting to see reversal signals in order to reinstate SHORT positions, or alternatively the downward break of the 1270.00 support level.
Next important resistance the 1290.00 level.
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As you see in my following attached chart, the gold price traded between a high of 1300 and a low of 1270, closed at 1276. Today the metal trades above the support level of 1258.
Upside Scenario: If the support level of 1258 holds, a rise to the levels of 1291, then 1303 could be seen.
Downside Scenario: Breaking below the support level of 1258 could push the metal down into the levels of 1246, then 1234.
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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.
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