Subscribei closed my buy order and just watching the movement, waiting for some good entry if its able to hit the 1540 level then we see some quick rais....
Thread: Gold
i closed my buy order and just watching the movement, waiting for some good entry if its able to hit the 1540 level then we see some quick rais....
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Hamzagoroo (2019-05-25)
XAUUSD
========
Last week of XAUUSD have time to give tired resistance of high in 1723.10 but have to surender to reach its low at price 1689.50. Gold drift by uncertainty of subject of Fiscal Cliff influencing performance of Dlar AS
Our Position for XAUUSD at next week is Neutral.
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Hamzagoroo (2019-05-25)
I thank only experienced, educated and well trained how know about the market of gold can trade in the Gold.
Beginners inexperienced trade should avoid to trade in Gold. If you invested a small amount in the Forex and you trade in Gold, it is feared that you will loose the your account. It is very risky.
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For XAUUSD - this also look on still bearish. We can see that big trend till now on still support to bearish. Search for sell with TP not more that 1684.80
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gold pair sub sa zaydea risky pair ha aur gold pair ki market ko smjyna baki pair ki nisbat kafi mushkal ha gold
bohat risky pair ha is ma loos ka chance bohat zaydea ha .
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Gold
Gold ka 1 bahut strong resistance lagta hai 1550 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nahi aayega..
So for gold i would recommend you guys to wait.
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Hamzagoroo (2019-05-25)
gold is going very up in all cities
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Hamzagoroo (2019-05-25)
Gold has failed to break the resistance in 1723 and has broken the support in 1705. Further consolidation within the range specified by the 1685 and 1723 allow the gold is in a secular uptrend with strong support at 1523. Observe the resistance area between 1791 and 1803.
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Hamzagoroo (2019-05-25)
Spoiler:
On the H1 chart price is below 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 1676
SL: 1708
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anyone who has ever traded gold would tell you that gold is the perfect commodity to trade despite of itbeing so expensive i think it is very possible for ane to make a fortune with it.
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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