SubscribeGold analysis for 04.12.2013 by using pivot indicator.
r3: 1583.08
r2: 1575.52
r1: 1568.17
pivot: 1560.61
s1: 1553.26
s2: 1545.70
s3: 1538.35
Thread: Gold
Gold analysis for 04.12.2013 by using pivot indicator.
r3: 1583.08
r2: 1575.52
r1: 1568.17
pivot: 1560.61
s1: 1553.26
s2: 1545.70
s3: 1538.35
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GOLD (Spot) intraday: the downside prevails.
Pivot: 1558.00
Our preference: SHORT positions below 1558 with 1540 & 1530 as next targets.
Alternative scenario: The upside breakout of 1558 will open the way to 1568 & 1576.
Comment: the immediate trend remains down and the momentum is strong.
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GOLD (Spot) intraday: the downside prevails. BEARISH
Pivot: 1530.00
Our preference: SHORT positions below 1530 with 1480 & 1465 in sight.
Alternative scenario: The upside breakout of 1530 will open the way to 1541 & 1553.
Comment: the immediate trend remains down and the momentum is strong.
Trend: ST Ltd downside; MT Bearish
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today i like to buy gold @ 1555.10 to 1550.25 range
my stop loss for today is @ 1535.10
half take profit @ 1560.10
half take profit @ 1570.10
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I have just joined the forex trade. I have opened a demo account. I am trading in Euro/Us dollar pair of currencies. I have no knowledge about Gold. Can I start trade in Gold. I am thinking about it . But i have no experience.
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now sellers dominate the market gold. ranging from sellers monthly, weekly seller, seller daily. the greatest probability is sell. use your favorite strategies and only take sell signals. price limits are 1580.54 and 1549.37
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elliott flat correction down 1543.93 support and resistances
res2 1600
res1 1579
pivot 1546
sup1 1546
sup2 1534
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I place a pending buying order @ 1557.10
stop loss for today is @ 1549.45
take profit for today @ 1577.35
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
how are you
we can see in the 1d chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 1563.23
stochastic refers that the pair will go down
so our target sell from 1564.23 and our target will 100ips
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.
a strong prediction about gold is that it has a bearish trend in future,but due to the increase in chinese inflation rate GOLD had got a space to move upward but not for so long
if u put sell in this position u got a huge profit as it will move downward till 1535.
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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