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Thread: Gold

  1. #2237
    Senior Member hwida 1046 will become famous soon enough hwida 1046's Avatar
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    elliott common flat correction up 1608.40 market should hold major support at 1594.55 befor rising towards 1602.21 or even 1604.80limite
    support and resistances
    res2 1604
    res1 1602
    pivot 1598
    sup1 1595
    sup2 1592

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    Banned alex200 is on a distinguished road alex200's Avatar
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    hi

    how are you

    we can see in the 1w chart

    the pair can close up the up trend line

    i see the pair will go to up way to 1599.53

    stochastic refers that the pair will go up

    so our target buy from 1598.53 and our target will 100pips

    Good luck

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  3. #2235
    Senior Member mtrsumon will become famous soon enough mtrsumon will become famous soon enough mtrsumon's Avatar
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    Gold analysis for 04.01.2013 by using pivot indicator.

    r3: 1605.94
    r2: 1602.65
    r1: 1599.94

    pivot: 1596.65

    s1: 1593.94
    s2: 1590.65
    s3: 1587.94

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  4. #2234
    Banned sara300 is on a distinguished road sara300's Avatar
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    we can see in the 4h chart

    the pair can not close up the broken down trend line

    I see the pair will go to down way to 1595.60

    stochastic refers that the pair will go down

    so our target sell from 1596.60 and our target will 100pips

    Good luck

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  5. #2233
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    GOLD (Spot) intraday: the bias remains bullish.

    Pivot: 1590.00
    Our preference: LONG positions above 1590 with 1608 & 1617 in sight.
    Alternative scenario: The downside penetration of 1590 will call for 1576 & 1561.
    Comment: the RSI is supported by a rising trend line.

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  6. #2232
    Senior Member GunDuL is on a distinguished road GunDuL's Avatar
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    see the movement of the pair gold market seems to form a triangle pattern. if pierced and forwarding rise, more secure if we wait resistant to break first. but also a little iffy when seeing the triangle shape like this.

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  7. #2231
    Highly Reputed Member ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara's Avatar
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    Gld has been in a clear consolidation mode for a very long time now. I expect a fall in gold prices also because i perceive a huge recovery in the economy of america and that will make gold bearish
    Patience is Key.

  8. #2230
    Senior Member advance will become famous soon enough advance will become famous soon enough advance's Avatar
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    In the H1 time frame the the price is moving the channel pattern. the upper side resistance at 1599.95 and lower side support at the 1593.95 we can trade when the price break this channel. the price is having a strong support at the 1590.00 so we will wait for the long entry at this level.

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  9. #2229
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    Spoiler Spoiler:

    The position of the current price is below the 50 EMA on the hourly chart, the momentum is bearish
    The position of the current MACD cross the line above the area 0, the momentum is bearish
    Trend today: bearish
    Target today:1588.70

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  10. #2228
    Banned mody90 will become famous soon enough mody90's Avatar
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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 1599.48

    stochastic refers that the pair will go up

    so our target buy from 1598.48 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.


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