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Thread: Gold

  1. #2037
    Senior Member forexgroove is on a distinguished road forexgroove's Avatar
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    GOLD (Spot) intraday: the downside prevails.

    Pivot: 1587.00
    Our preference: SHORT positions below 1587 with targets @ 1575 & 1568.
    Alternative scenario: The upside penetration of 1587 will call for 1599 & 1603.
    Comment: the upward potential is likely to be limited by the resistance at 1587.

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    Banned almamun466 is on a distinguished road almamun466's Avatar
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    Gold technical analysis by using moving averages.

    date : 03.11.2013

    time : 03:30 GMT

    time frame : 1 hour.

    sma200 : 1582.97 signal- sell.
    sma100 : 1578.38 signal- neutral.

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    Senior Member amni571 is an unknown quantity at this point amni571's Avatar
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    The USD/CAD is holding firmly above its broken resistance at the 1.0100 level, further upside movement is expected.
    This will expose the 1.0260 level where a break through will allow rally towards 1.0300 level to take place. Further out, 1.0350 level stands as the next possible upside target.
    On the other side, support is located...

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  4. #2034
    Banned kanka8888 is an unknown quantity at this point kanka8888's Avatar
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    Gold is a very valuable metal. Forex treading is very risky business. So i think that gold treading is not better for all treader. I also think this gold treading is better only for a perfect and successful treader.

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  5. #2033
    Senior Member bangladesh852 is an unknown quantity at this point bangladesh852's Avatar
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    I think The spot price for Gold hit a fresh record high of $1894.15/oz and the near-term rally may gather pace in the following week as market participants continue to look for an alternative to the reserve currency. Thanks your post .

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  6. #2032
    Senior Member GunDuL is on a distinguished road GunDuL's Avatar
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    see the closure of the gold market yesterday and confirmation candlstick weekly, it seems better not to deal ahead to next week unless it has confirmed the pair break support. but as the name suggests gold is likely to be a really wild to show the confirmation signal.

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  7. #2031
    Senior Member Murraj will become famous soon enough Murraj's Avatar
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    So like last week's gold and did not make strong movements but still formed a very strong resistance level and tried to make a breakthrough to go down but then he came back ... There is an impression that the gold market is still going down, but still lacks the required number of position .. so that more are expected to consolidate and then think and blows down.

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    Senior Member ansari123 is on a distinguished road ansari123's Avatar
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    Gold is stuck and trading in a very tight range around 1560 to 1585 its showing it has a lock @ 1560 and capped @ 1586 so both sides are packed if it broke either side will lead to huge violatility so stop losses are compulsary buy @ 1562 stop loss 1558.9 target 1583 and if wanna sell than 1585 and stop @ 1588.9 and target 1570 and 1563.

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  9. #2029
    Banned sara300 is on a distinguished road sara300's Avatar
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    we can see in the 1d chart

    the pair will go up to fibo 23.6

    I see the pair will go to up way to 1612.35

    stochastic refers that the pair will go up

    so our target buy from 1578.40 and our target will 3356pips

    Good luck

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  10. #2028
    Banned alex200 is on a distinguished road alex200's Avatar
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    hi

    how are you

    we can see in the 1h chart

    the pair will go to down way to the down trend line

    i see the pair will go to down way to 1477.00

    stochastic refers that the pair will go down

    so our target down from 1577.00 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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