Gold 1 ka bahut strong resistance Lagta have pe 1550 ... Orphan is a point todna Thoda Mushkil kop you Lekin agar Iske gold uPAR Nikal gaya fir iska fluctuated itnio easy nahi aayega ..
So, for gold, I would recommend you wait and see
Thread: Gold
Gold 1 ka bahut strong resistance Lagta have pe 1550 ... Orphan is a point todna Thoda Mushkil kop you Lekin agar Iske gold uPAR Nikal gaya fir iska fluctuated itnio easy nahi aayega ..
So, for gold, I would recommend you wait and see
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Gold is moving around the resistance level at 1583.88. I think Gold has a big probability to break this resistance. If Gold can break this resistance level successfully, I think Gold will go up to the next resistance level at 1594.33.
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Good post . I think The latest correction ended just before the former 4th wave extreme at 1720 and price is expected to reach a new before the next 4th wave begins. Look higher. 1765 is short term support. so Thanks your post .
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Gold analysis by using : moving averages.
date : 03.07.2013
time frame : 1 hour
ema5 : 1583.04 signal-buy.
ema10:1582.44 signal-buy.
ema20:1581.16 signal-buy.
time : 09:20 GMT
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Gold analysis for 03.07.2013 by using pivot indicator.
r3: 1607.10
r2: 1595.80
r1: 1589.60
pivot: 1578.30
s1: 1572.10
s2: 1560.80
s3: 1554.60
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Gold rose on Wednesday, but analysts expect the breakout from Wall Street stocks to new highs, and the data show an improvement of the U.S. economy to suppress interest in gold as a safe haven.
News from other purchases from South Korea's central bank last month and hope outflow in the gold-backed exchange traded funds will be supported gold. Gold is now up in the series of two day after a four-day series.
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GOLD (Spot) intraday: key ST resistance at 1587
Pivot: 1587.00
Our preference: SHORT positions below 1587 with 1580 & 1576 as next targets.
Alternative scenario: The upside penetration of 1587 will call for a rebound towards 1599 & 1603.
Comment: the price is challenging its key resistance area around 1585, caution.
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the price is moving in the channel pattern. the resistance is 1585.00 and the support is 1565.00 but now it is try to break the resistance. we can see the price hold at 1578.30 and macd indicator is also giving us long signal. we can long to the target next resistance at 1610.00
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hi
how are you
we can see in the 1h chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1579.07
stochastic refers that the pair will go up
so our target buy from 1575.80 and our target will 339pips
Good luck
---------- Post added 03-07-2013 at 02:31 AM ---------- Previous post was 03-06-2013 at 02:12 PM ----------
hi
how are you
we can see in the 4h chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1598.33
stochastic refers that the pair will go up
so our target buy from 1580.40 and our target will 1870pips
Good luck
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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.
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