Subscribegold is confusing me buy or sell ummmmm i am going with selling side
i like to sell(pending order) this pair @ 1470.10 to 1490.10 range
my stop loss of the day @ 1510.90
half take profit @ 1455.70
and half @ 1435.90
Thread: Gold
gold is confusing me buy or sell ummmmm i am going with selling side
i like to sell(pending order) this pair @ 1470.10 to 1490.10 range
my stop loss of the day @ 1510.90
half take profit @ 1455.70
and half @ 1435.90
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pair has been ended it's trading day below of level 1670.00 and that's will lead the movement to down trend to reach 1652.00 ,
so the selling is suggested with a appropriate stop loss level and targets between 300 and 500 pips at least
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Gold analysis for 04.15.2013 by using pivot indicator.
r3: 1621.65
r2: 1592.99
r1: 1538.26
pivot: 1509.60
s1: 1454.87
s2: 1426.41
s3: 1371.48
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my Analysis :
Probability of GOLD WEEKLY
BAT BULLISH PATTERN
Spoiler:
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elliott extended impulse wave down 1461 market should not go lower than 1485 1459 after yhis move down it should go up to 15226 - 1540 area
support and restances
res2 1593
res1 1540
pivot 1511
sup 1459
sup2 1430
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That began to move gold as it is necessary, such a good Down - the day was a Friday ... just a breakdown of important mid-term supports ... so think strategically and logically it can be assumed that the decline will continue .. I think in the formation and consolidation of short-stop should be sell ... may still very well collapse.
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.
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.
Main ye thread GOLD ke discussion ke liye bana raha hn...
or is ki tread kar k me earning hasil kar skta hon
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.
Gold prices fell on Friday, ahead of the ECOFIN meeting in Europe, closing an ugly week for precious metals. Indeed, behind yesterday's session that included the highest profit taking and equities (S & P), the yellow metal has not been able to get any momentum today. After testing a support that has been broken in 1567, prices are now edging lower during the European trade as this level has been turned into resistance. In the end, a move above 1570 would alleviate many concerns bearish, but at this point it has not been proven. At the time of writing, gold is trading at USD $ 1557.57 per ounce.
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elliott flat correction down 1552.80 it should test 1562 area after whish a sell off down to 1553 or extended to 1546 area is expected
support and resistances
res2 1575
res1 1568
pivot 1561
sup1 1553
sup2 1546
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