Thread: Gold
The price of gold continues its negative pressure especially after touching 1440.00 from the bottom and stabilizing below, which could force the price to test the pivotal support level at 1423.00
The trading range expected for today is between: support at 1403.00 and resistance 1455.00
General tendency is expected for today: neutral
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we can see in the 1d chart
the pair will go down in the future
I see the pair will go to down way to 1430.25
so our target sell from 1431.65 and our target will 140pips
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\\\\\Gold: Under pressure from the bears.My point Pivot 1440 (the upper limit of a convergent triangle).I think the opinion: Short positions below 1440 with targets in 1419 and 1404.Alternative scenario: The upside penetration of 1440 will call for 1462 and 1476.: As long as the asset is not struck up its resistance level 1440 is a high probability of falling below 1419.\\\\\
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the pair can not close up the broken down trend line I see the pair will go to down way to 1431.77 rsi refers that the pair will go down so our target sell from 1433.77 and our target will 200pips
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Gold today at bay 1415 and limit 1445 and stop 1410 and sell 1465 and limit 1423 and stop 1470
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the pair will go up to fibo 38.2 I see the pair will go to up way to 1447.62
so our target buy from 1432.60 and our target will 1597pips
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By preparing for the gold sales, the price of fighting off competition from medium oblique broke the horizontal support level 1440 and steadily strengthened below it, a break of this level has opened the way to 1364 and perhaps that was the signal for the resumption of the long-term trend of the southern.
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bhai gold pair nhi hai wo ek metal hai jisme hum trade karten hain aur gold me whi trader trade karta hai jsike pass acha experince aur acha capital hota hai yadi experince aur acha capital nhi hai to gold me achi trade nhi kar sakta hai .Originally Posted by garrysidhu
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gold is good business. maximum time to get profit.
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.
Hi,,
in the chart 1h we can see gold will go to up way in the future
i see we can buy and our target will be 7112 pips
I expect from this analyze that the price will go to up way
so buy from 1432.52 to 1503.64
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.
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