Subscribetoday gold is still in its slightly bullish movement and probably will end at 1275.00 but it is very risky to make a buy entry for gold
so it is better to wait and watch for sell opportunity.
good luck...
Thread: Gold
today gold is still in its slightly bullish movement and probably will end at 1275.00 but it is very risky to make a buy entry for gold
so it is better to wait and watch for sell opportunity.
good luck...
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Gold analysis for 07.04.2013 by using pivot indicator.
r3: 1285.95
r2: 1272.82
r1: 1262.66
pivot: 1249.53
s1: 1239.37
s2: 1220.24
s3: 1216.08
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Gold continues to be under strong pressure to bear concentrated their forces in the sliding-200 above which the price of any kind can not be strengthened, especially considering the sale of a signal at the opening of whom must be a breakdown of support in 1240. An alternative scenario, the breakdown of 1265 may bring to the 1280 and 1300 figure.
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gold lazmi 1250 tak jay ga Q k ye pichly chand mah meain boht upar tak gaya hai or nichy ziada ni aya mere lihaz se ye ab nichy ki tafar ay ga. kam se kam ye chand dino me 1250 tak zaror ay ga.
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Our preference: LONG positions above 1233 with 1271 & 1288 as next targets.
Alternative scenario: The downside penetration of 1233 will call for a slide towards 1223.5 & 1213.
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time frame- H1
the price of the gold is rejected from the resistance at 1264.80 level but lower side hold at the 1239.60. the price is not able to break the pivot point resistance at 1249.75 and try to reject. this may be again move down side. short with the stop loss at 1270.00 and take profit at 1200.00
good luck
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Gold trend is still down, also ECB rate decision rate is coming yesterday so today i thik that gold may also consolidate around 1245.
SHORT GOLD below 1255 SL 1260 TP 1230-1200 and below
LONG GOLD above 1265 SL 1260 TP 1280-1300
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today i like to buy Gold @ 1233.10
my stop loss of the day @ 1224.10
half take profit for today @ 1240.10
and further half take profit @1249.10
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as we can see in daily chart, gold price has been rejected by the resistance at level 1243 and should be move downward again.
so i see the sell opportunity for gold with stop loss at 1265 and first take profit at 1200
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 analysis for 07.03.2013 by using pivot indicator.
r3: 1288.07
r2: 127758
r1: 1260.25
pivot: 1249.76
s1: 1232.43
s2: 1221.94
s3: 1204.61
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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