Gold is today, low 1753.1, near close, this is the negative end. We can see a decrease, but sold and just breathing Bull will sooner or later, we need long term can not lead a new record, go ahead.
Gold is today, low 1753.1, near close, this is the negative end. We can see a decrease, but sold and just breathing Bull will sooner or later, we need long term can not lead a new record, go ahead.
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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.
For gold now can form a great position to sell as it has come back to the medium horizontal resistance level 1596, from this mark several times observed southern retreat, now noticeable consolidation and full stop (stop and upheaval for purchase-above 1600 figures), the first goal-support 1588, 1580.
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prepare buy for gold if corection pending buy limit at area MA100 in M15
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Gold analysis for 03.15.2013 by using pivot indicator.
r3: 1612.60
r2: 1602.80
r1: 1596.20
pivot: 1586.40
s1: 1579.80
s2: 1570.00
s3: 1563.40
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In the h1 time frame the price again come at the resistance level 1596.25 this level is strong resistance it is not breaking if this resistance is break we can long this with the target next resistance at 1650.00 with stop loss lower side at resistance at 1577.00
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In gold ****ing is I observed very risky. For me I bear the lose in the trading of gold various a time. Now I abide to trade in this commodity. Mostly people are doing the trade in the Gold and earning the profit.
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Gold technical analysis by using moving averages.
date : 03.15.2013
time : 1000 GMT
time frame : 15 min
sma200 : 1583.04 signal- buy.
sma100 : 1587.57 signal- buy.
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GOLD (Spot) intraday: up turn.
Pivot: 1576.00
Our preference: LONG positions above 1576 with targets @ 1599 & 1609.
Alternative scenario: The downside breakout of 1576 will open the way to 1568 & 1561.
Comment: the RSI is above its neutrality area at 50%. The 50 moving average is turning up. A re-test of 1599 seems likely.
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I know that gold trade is popular in the world. Many experience trader doing gold trade in forex market. And gold trade is profitable and enjoyable in forex market. And saw that today gold market price is 1591.20 . So i think it best time for buy trade in forex market.
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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