Hi,,
in the chart 4h we can see the pair will go to up way in the future
I see the pair will go to 1302.77
I expect from this analyze that the price will go to up way
so buy from 1255.86 to 1302.77
good luck
Thread: Gold
Hi,,
in the chart 4h we can see the pair will go to up way in the future
I see the pair will go to 1302.77
I expect from this analyze that the price will go to up way
so buy from 1255.86 to 1302.77
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: bullish bias upwards in 1247 (strong upper zone of fractals)- Pivot at 1210.- Preference: LONG positions above 1247 with targets in 1271 and 1288.Alternative scenario: The downside penetration of 1210 will call for 1180 and 1150.Analysis: RSI is mixed to bullish trend is likely gliding alligator perfectly fulfill the role of trend levels.
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.
Today i like to sell Gold @ 1240.10 1244.10
my stop loss of the day @ 1252.10
half take profit for today @ 1232.10
and further half take profit @1223.10
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i think gold is a very good platform to trade with it because so many traders are trading with the gold and earning a reasonable profit so we should also invest on the gold and earn the money.
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.
For gold again opened the sale, the price has found a seller in a horizontal support in 1245 and after a long sideways consolidation (a sign of activity bears) Nachar razvorachivatsya again in the direction of the trend, still plan to open one sale came in 1225 profit figure for 1200.
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GOLD has recovered due to partly profit taking by the month end, indicators are still pointing to the downside and next target is set to 1100.
LONG GOLD above 1230 SL 1225 TP 1250--1270
SHORT GOLD below 1220 SL 1225 TP 1190-1160-1130-1100
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Our preference: LONG positions above 1210 with 1245 & 1271 in sight.
Alternative scenario: The downside penetration of 1210 will call for a slide towards 1180 & 1150.
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time frame- H1
price has been break the resistance trend line and the price is above the pivot point at 1216.40. this is now at the resistance level 1241.60 and this may be not break. we can short gold with the take profit at 1190.00 and the stop loss at the 1260.00
good luck
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gold is very dangerous. it move quickly up and down.very risk able give big loss.due to movement.wait till the to your range and enough money required in your account.
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Gold analysis for 07.01.2013 by using pivot indicator.
r3: 1307.68
r2: 1271.37
r1: 1252.74
pivot: 1216.43
s1: 1197.80
s2: 1161.49
s3: 1142.86
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