SubscribeGold price move downward slope since the morning
and scenario continue to decline for the day where the main objective resides at 1520.00 recall that positive stochastic may slow of achieving price drop
Thread: Gold
Gold price move downward slope since the morning
and scenario continue to decline for the day where the main objective resides at 1520.00 recall that positive stochastic may slow of achieving price drop
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.
try analysis shorttime pair gold with M30 timeframe, it looks like there will be even fewer pips reversal name that will be obtained. from yesterday until now there is no point Fibonacci retrace meaning. so at least there will retrace before continuing down trend.
Last edited by GunDuL; 2013-04-04 at 09:52 PM.
GOLD (Spot) intraday: the downside prevails.
Pivot: 1563.00
Our preference: SHORT positions below 1563 with targets @ 1535 & 1525.
Alternative scenario: The upside penetration of 1563 will call for a rebound towards 1577 & 1584.
Comment: the RSI is capped by a bearish trend line.
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Gold analysis for 04.04.2013 by using pivot indicator.
r3: 1600.64
r2: 1588.80
r1: 1573.14
pivot: 1561.30
s1: 1545.64
s2: 1533.80
s3: 1518.14
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hi
how are you
we can see in the 1d chart
the pair can close down the down trend line
i see the pair will go to down way to 1542.00
stochastic refers that the pair will go down
so our target sell from 1543.00 and our target will 100pips
Good luck
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elliott crucial reversal point 1547 it may meet resistances in 1557 - 1561 zone for a drift down to 1546 zone after which bounse to 1573 is anticipated
support and resistances
res2 1589
res1 1577
res1 1573
pivot 1561
sup1 1546
sup2 1.534
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hi
how are you
we can see in the 1d chart
the pair can close down the down trend line
i see the pair will go to down way to 1556.48
stochastic refers that the pair will go down
so our target sell from 1557.48 and our target will 100pips
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.
GOLD (Spot) intraday: the downside prevails.
Pivot: 1577.50
Our preference: SHORT positions below 1577.5 with 1561 & 1556 in sight.
Alternative scenario: The upside breakout of 1577.5 will open the way to 1584 & 1590.
Comment: the descending 50 moving average suggests that the gold still has potential for a decline.
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.
we can see in the 1d chart
the pair can close down the down trend line
i see the pair will go to down way to 1558.81
stochastic refers that the pair will go down
so our target sell from 1559.81 and our target will 100pips
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.
gold i thinks so k up side 1610 and don side 1520 is very important aria 1520 is baying stop 1500 long position baying
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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