Thread: Gold
elliott crucial reversal point current up move should end around 1482.89 - 1482.32 area acorrection down to 1465.81 even 1455.85 is expected arise above 1488.86 will abort the expected correction
support and resistances
res2 1488
res1 1482
pivot 1472
sup1 1465
sup2 1455
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Sell at 1473.26 and take profit at 1470.50.
It is the fastest in the trading market.
you can earn and lose.
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Gold is found in small range in the uplink and go beyond the boundaries of the trading range is clearly not namereno.Po's obvious that there is an accumulation of volumes for a powerful ryvka.a that's where it happens, will show a breakdown of the level. It can not go on indefinitely, this plowing ..... On the breakdown of one of the levels will be "ready" position in the input./
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ya be forex ka ak hesa ha is ma agr ap kam karn caht ho ap ko is ma pasa boht invst karn par ga forex ak acha kam ha is ma ap gar bma bath kar kam kar sakt ho fiorx aonlin jab ha ya sab ko pat ha
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.
see movement in the gold market seems H1 timeframe failure to penetrate the highest point. if it breaks the trendline as shown below, accompanied by a confirmation break point Fibonacci 50%, then the chances will come to the point of closest fibonacci (38.2%)
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GOLD (Spot) intraday: turning down.
Pivot: 1485.00
Our preference: SHORT positions below 1485 with 1448 & 1418 as next targets.
Alternative scenario: The upside breakout of 1485 will open the way to 1507 & 1539.
Comment: gold prices have broken below a rising trend line and are capped by the declining 20-day moving average (currently at 1474).
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time frame- H1
the price is moving at the supporting trend line. it has the resistance at the 1478.50 if the resistance break we can long gold to the target 1550.00. but the supporting trend line is break at the 1460 then it will be again falling to the 1448.00
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Gold pivot levels by using fibonacci pivot indicator.
r3: 1488.22
r2: 1481.97
r1: 1478.11
pivot : 1471.85
s1: 1465.60
s2: 1461.74
s3: 1455.48
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D1 chart gold for buying and gold will be must the touch the 1572 point and you can entry buy from this point 1440 and set the take profit 1572 and use stop loss must .thanks and best regards Rana Farooq
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today i like to buy gold @ 1455.10 to 1460.10 range
my stop loss for today @ 1447.10
my half take profit for today @ 1467.10
and half @ 1477.10
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