elliott crucial reversal point 1305 market should not go lower than 1248 agter this move down it should go up to 1335 area
res2 1386
res1 1334
piovt 1305
sup1 1255
sup2 1225
Thread: Gold
elliott crucial reversal point 1305 market should not go lower than 1248 agter this move down it should go up to 1335 area
res2 1386
res1 1334
piovt 1305
sup1 1255
sup2 1225
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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 1346.29
I expect from this analyze that the price will go to up way
so buy from 1294.43 to 1346.29
good luck
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mere khiyaal main jo ha ajj gold abhi 13255 tak janey wala ha or phr es ne doun ho k 1266 par aye go or us k bad 1258 or 1244 or phr 1200 phir 1180 ye mere prediction hane next week k bhi
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As you see in my following chart, the gold traded between a high of 1352 and a low of 1276, closed at 1285. Today the metal trades below the resistance line of 1326
Downside Scenario: A holding of the resistance line of 1326 could help the metal to decline into 1285, then 1272.
Upside Scenario: A break above of the resistance line of 1326 could push the metal up into the levels of 1338, then 1350.
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Our preference: SHORT positions below 1326 with targets @ 1270 & 1244.
Alternative scenario: The upside penetration of 1326 will call for 1351 & 1375.
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The unprecedented drop in precious metals. Gold bubble was blown away. What other titles to journal articles can come up with this situation for gold.
Gold continues to fall and the bottom of it, so it appears, is not visible. The potential drop is not over yet and it is possible that gold will amaze with new lows. Trading Plan for gold went smoothly and as of today: When a possible correction in the resistance area 200-day moving average open sale with a short stop
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today i like to sell Gold @ 1296.10
my stop loss of the day @ 1305.10
half take profit for today @ 1282.9
and further half take profit @ 1276.9
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time frame- M30
the price is rejected from the 1304.00 and hold at the 1268.00 now the price is making a bullish engulfing candlestick pattern and followed by a bullish candle. so its up movement is expected. the price will try to move at the 1304.00 and if this level is break then it is hit the 1317.00
good luck.
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My analysist for gold today,21 june 2013 using open market price strategy
buy stop 1284.72 tp 1284.92 sl 1284.12
sell stop 1284.32 tp 1284.12 sl 1284.92
happy enjoy trading...
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Gold analysis for 06.21.2013 by using pivot indicator.
r3: 1396.22
r2: 1386.34
r1: 1368.61
pivot: 1358.73
s1: 1341.00
s2: 1331.12
s3: 1313.39
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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