Thread: Gold
Decided to open the purchase of gold, the price after 3 attempts to overcome the horizontal support level of 1593 still went to the northern lights out and even broke the 200 Sliding, MASD shows a buy signal + noticeable growth northern oboema also formed a bullish engulfing, the first goal is to think about a week maximum of 1615 + -, south not consider.
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GOLD (Spot) intraday: the downside prevails.
Pivot: 1601.00
Our preference: SHORT positions below 1601 with targets @ 1590 & 1576.
Alternative scenario: The upside penetration of 1601 will call for a rebound towards 1608 & 1617.
Comment: as long as the resistance at 1601 is not surpassed, the risk of the break below 1590 remains high.
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Gold analysis for 03.27.2013 by using pivot indicator.
r3: 1616.80
r2: 1611.20
r1: 1605.40
pivot: 1599.80
s1: 1594.00
s2: 1588.40
s3: 1582.60
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Gold technical analysis by using moving averages.
date : 03.27.2013
time : 0800 GMT
time frame : 15 min
sma200 : 1600.78 signal- sell.
sma100 : 1598.31 signal- sell.
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.
in the H1 time frame the price is rejected from the resistance at 1599.80 and move to down side. at the time cci is also move in the oversold area. today we can see the down movement and price will falling to the 1589.00 level if this level is hit we can make long entry with target at 1613.00
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Gold is my favourite pair in forex.because forex is a high profitable.i trade every gold for 10pips and i earn 1$ for every trade.
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.
han her insan ka apna apna mined hota hai wo ki c be compony me kam krne se phle koi na koi erada krta hai k koi maksed hota hai yani jase kisi ka gold ko hasil krne ka maksed etc.
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dear s,Price raised $9 after market open and formed another bullish candle on daily chart, if its able to break the 1560 then we see some quick rally toward all time up, Hold on buy order till all time up.
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hi
how are you
we can see in the m30 chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 1598.10
stochastic refers that the pair will go down
so our target sell from 1598.80 and our target will 70pips
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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