SubscribeToday at 11.50pm (IST) I have created short position in Gold at $1473.68 and I have place buying order at $1470.
Hope Gold will see some fall back. My Ultimate target is $1300 but this week Gold will see buying on each dip and selling on each rise.
Thread: Gold
Today at 11.50pm (IST) I have created short position in Gold at $1473.68 and I have place buying order at $1470.
Hope Gold will see some fall back. My Ultimate target is $1300 but this week Gold will see buying on each dip and selling on each rise.
\\\\\Gold Still the downside prevails.Pivot at 1482 (the upper limit of the lateral canal) at the approach to which I will play on the rebound.my opinion: Short positions below 1482 with targets in 1455 and 1443.Alternative scenario: The upside penetration of 1482 will open an unobstructed path for the Bulls with a possible solution to the path to the 1500 figure.: As long as the asset is not struck up its resistance level 1482 is a high probability of falling below 1441.\\\\
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we can see in the 4h chart the pair can close up the up trend line i see the pair will go to up way to 1467.46 stochastic refers that the pair will go up so our target buy from 1465.46 and our target will 200pips
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gold k beray may aj kal bohat confused hu q k kuch news kah rahi ha k gold 1250 tak ay sakta ha mera khayal nahi ha k gold yeha tak ay sakta ha at bay today 1452 stop 1443 and limit 1474 and sell 1474 stop 1475 limit 141455
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time frame- H1
gold is now try break the resistance at the 1469.00. if this resistance is break it will be move to the higher resistance at the 1490.00. we can long if the price is close above the 1469.00 with the target at 1489.00
good luck
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see movement in the gold market pair H4 timeframe was not so penetrate resistant and even reversal point, forming a strong bullish candlestick just now. bullish view of power is likely to return to its highest point yesterday at 61.8% Fibonacci point.
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we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 1495.49
stochastic refers that the pair will go up
so our target buy from 1467.61 and our target will 2808pips
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Gold is now demonstrating strong growth on the fall of the dollar index, just the pressure of the bulls could not resist and 200 sliding breakthrough that opened the way to 1478 and became a buy signal on the 4 hour chart noticeable working out a buy signal, MACD and rebound from the bottom of the side channel 1444.
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currently gold stays at 1615/30 level. i think it will remain stay below 1650 level in this week, bcz 1650 prooved as very strong resistance level for this commodity. ad also gold is now very strong psychological barrier and also overbought in daily and weekly chart
---------- Post added at 12:13 PM ---------- Previous post was at 12:10 PM ----------
Gold markets rose on the Monday session as traders got very bullish equities and risk on trades in general. However, as the market has been so choppy lately, the smart trader is buying gold as a hedge against all of the volatility out there. The US Dollar found itself on the back foot during the session, and this also helped to propel the market forward
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Gold pivot levels by using fibonacci pivot indicator.
R3: 1483.76
r2: 1472.58
r1: 1465.68
pivot : 1454.50
s1: 1443.32
s2: 1436.42
s3: 1425.24
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