elliott irregular flat correction down 1587 prefer afall to 1595 or 1591 then a cprrection to 1602 is anticipated a clear break of 1585 is again bearish
support and resistance
res2 1613
res1 1.605
pivot 1599
sup1 1591
sup2 1585
Thread: Gold
elliott irregular flat correction down 1587 prefer afall to 1595 or 1591 then a cprrection to 1602 is anticipated a clear break of 1585 is again bearish
support and resistance
res2 1613
res1 1.605
pivot 1599
sup1 1591
sup2 1585
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drae sir,Price raised $10 after market open and formed another bullish candle on daily chart, if its able to break the 1559 then we see some quick rally toward all time up, Hold on buy order till all time up.
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I think that is the reason because google has taken out 3500 shares from the new york market and china reported the inflation sheet it happens then.Originally Posted by Anytime
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Gold may be taking support present level for a short time period (Three months) in this period we can expect levels from 1500 to 1750 on can enter around these levels for their gains. At Present level of 1570 there is a chance to minor fall up to around 1525 one can take long position at that level for getting 100 pips guaranteed withing 2 or 3 days So, this is time to buy gold for short term period. At the same time one can wait to short 1700 level where to get 100 pips.
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Gold
nhai mere Main ye thread GOLD ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
---------- Post added at 06:54 AM ---------- Previous post was at 06:46 AM ----------
Gold
nhai mere Main ye thread GOLD ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
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Gold continues to move within the range, and on Monday expect refinement level of 1587.77 and you can try to log on to a rebound in order to 1609.19. If the pair can run for the level of 1609.19 is also trying to rebound from the level.nn*
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hi
how are you
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 1598.69
stochastic refers that the pair will go up
so our target buy from 1597.39 and our target will 130pips
Good luck
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dear s,We can make more money by trading with gold. Its reserve currency. Traders reserve it for long time and we can trade it for long term investment.Gold is one of the most expensive thing in Forex.
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elliott irregular flat correction down 1587.40 prefer afall to 1591 then z corretion to 1602 is anticipated aclear break of 1585 is again bearish
support and resistaces
res2 1613
res1 1605
pivot 1599
sup1 1591
sup2 1585
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Our preference: Bearish setups within 1600.50 1608.05 with targets @ 1595.20 & 1589.53 in extension.
Alternative scenario: Above 1608.05, watch for bullish setups with 1613.54 as target and 1616.77 in extension.
Comment: Gold price has pulled back into the confluence zone. Hourly stochastic and RSI are mixed. 20 MA has crossed above 50 MA on hourly chart.
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