Subscribewe can see in the 1h chart
I see the pair will go to up way to 1374.85
macd refers that the pair will go up
so our target buy from 1372.85 and our target will 200pips
thanks
Thread: Gold
we can see in the 1h chart
I see the pair will go to up way to 1374.85
macd refers that the pair will go up
so our target buy from 1372.85 and our target will 200pips
thanks
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Gold analysis for 05.21.2013 by using pivot indicator.
r3: 1477.48
r2: 1438.44
r1: 1415.92
pivot: 1376.88
s1: 1354.36
s2: 1315.32
s3: 1292.80
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Gold is completely bearish trend. Until unless it goes above $ 1365 it will goes for first target $1350 and then $1340 but after crossing the resistance level of $1365 it can touch up to $1390.
SO trade carefully in Gold today.
Again i want to mention Long term traders hold Gold in short position for the target of $1200.
The existing model Model 1530 results and prevention of burn 1526-1545, as the cost went together to the best point breakers 1542 and 1545 1550 up pattern mirrored.
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XAU / USD at the moment and traded at 1,388.00. After some growth, but rather correction couple likely continue to fall. Red Maschke is still lower than other slide. JSC yet in a green tsvete.Prognoz-reduction pair to 1,340.00 and may be lower. As an alternative, the upside to 1,414.00.
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Pivot levels today:
R3: 1476.75
R2: 1438.05
R1: 1415.70
PP: 1377.00
S1: 1354.65
S2: 1315.99
S3: 1293.60
Comment: Price now is above the daily and weekly pivot levels, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 1438.05.
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GOLD (Spot) intraday: bullish bias above 1363
Pivot: 1363.00
Our preference: LONG positions above 1363 with 1407 & 1419 in sight.
Alternative scenario: The downside penetration of 1363 will call for 1336 & 1322.
Comment: the RSI is above its neutrality area at 50%. The 50 moving average is turning up.
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today i like to sell Gold @ 1398.100
my stop loss of the day @ 1406.100
half take profit @ 1388.100
and half @ 1374.100
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gold market analysis by using : average directional movement index
adx : 27.6310
+di : 16.1415
-di : 12.8288
timeframe : h1
time : 0700
date : 21.05.2013
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Gold pivot levels by using fibonacci pivot indicator.
r3: 1438.29
r2: 1414.88
r1: 1400.42
pivot : 1377.00
s1: 1353.59
s2: 1339.13
s3: 1315.71
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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