Thread: Gold
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Gold shall raise upto 1660-1670 levls and then we see some huge fall to retrace the Big raie on last few days and thn we can target 1800 levls on some couple off month....
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maray khayal sa gold ki trading bohat hi mushkil trading ha is ki move sa hi dar lagta ha chotay account walo kay liaya to bahter ha kay wo gold say door hi rahin is ki move 1 side dakhi jati ha aur jo is kay trand ko folow kar lata ha us kay to waray neyaray ho jatay han
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Gold technical analysis
date : 06.21.2013
time : 17:00 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 56.23
2) MACD (26,12,9)
value: 0.074
3) ADX (14)
value: 19.01
4)CCI(14)
value: 106.10
overall trend - slightly bullish.
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hi;;;
price:1289.41
will sell:1287.41
profit:200pips
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Gold analysis :
date : 06.21.13
time : 1545 GMT
time frame : 15 min
current rate : 1293.62
high : 1302.05
low : 1293.52
net change : -0.92%
overall trend : slightly bearish.
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gold market analysis by using : average directional movement index wilder
adx wilder(14) level
style : 39.12
+di : 13.82
-di : 24.71
time : 1800
date : 21.06.2013
timeframe : 1 hour
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Gold is still subject to strong pressures to bear concentrated their forces in the area of moving an alligator, they are just that and there was a retreat south (toward the main trend), with a view to strengthening the forward sales below the lower fractal (support 1288) I think 1268 should be tested.
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GOLD ne apna 3 years low level laga dia he or complete selling trend me move kar raha he 1260 value ka low FOMC meeting k bad huwa he doller extremly strong hone ki waja se
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Gold continues to aggressively move south trend (against which it is better not to play), the price is again found its seller in 1301 the figure should be a signal to sell short-term support to address the breakdown in 1289 which should open the way to a local minimum of the year 1370.
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