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 raise. good like forex forum good
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 raise. good like forex forum good
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GOLD next week
Elliott: elongated flat correction down 1700.14
It may meet resistance in 1712.27 - 1713.73 zone for a drift down to 1697.24 zone, after which bounce to 1728.76 is anticipated.
Technical points
Key point 1,710.0600
Entry point 1,707.4900
Elliott 1,796.0000
Closing 1,712.2700
Projection 1,700.1400
Trendline 1,723.9100
Trendline 1,705.3000
Supports / Resistances
Res 2 1,745.2600
Ex-High 1,730.2300
Res 1 1,728.7600
Pivot 1,713.7300
Sup 1 1,697.2400
Ex-Low 1,698.7100
Sup 2 1,682.210
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hold your gold positions uptil january-february and you will see a huge uptrend in gold the prices will rise to a very high extent so i recommend a buy position for long time investors and i assure that the profit would be very high what you say other members
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Hamzagoroo (2019-05-25)
The trading range for today is expected among the key support at 1690.00 and key resistance now at 1750.00.
The short term trend is to the upside targeting 1945.00 per ounce as far as areas of 1520.00 remain intact with a weekly closing.
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Bearish of Gold again tried to penetrate the triple bottom in the 1698.70 area. If this support breaks, there is a potential decrease in gold may continue to test low estimate of 1689.00.
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Hamzagoroo (2019-05-25)
So far insurmountable resistance level will 1715.00, the price is still in the southern trend and this trend is likely to continue, the North scenario will be considered only on a break and consolidation above 1715.00.
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Hamzagoroo (2019-05-25)
The short term of the Gold is to the upside. Intraday trading range of the Gold is expected among key support at 1690.00 and key resistance at 1750.00. Based upon my chart analysis, I prefer to buying the Gold above 1700.00 with targets 1715.00, 1725.00 then 1733.00 and stoploss with four hour candle closing below 1690.00.
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Hamzagoroo (2019-05-25)
Elliott: flat correction up 1722.35
Current upmove should be ended around 1715.05 - 1719.53. Any correction consolidation should find support in 1706.82 - 1703.06 zone.
Technical points
Key point 1,714.1700
Entry point 1,707.7800
Elliott 1,698.7100
Closing 1,712.0100
Projection 1,718.1900
Trendline 1,701.6200
Trendline 1,704.5300
Supports / Resistances
Res 2 1,727.0400
Ex-High 1,718.0900
Res 1 1,719.5300
Pivot 1,710.5700
Sup 1 1,703.0600
Ex-Low 1,701.6200
Sup 2 1,694.1000
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.
Daily chart on gold drops and the first such hedge can be as low as 1685, when it will strike could go even lower than in 1640, while the rotation of the top is not visible and only the indicators show continued decline ...
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.
Hamzagoroo (2019-05-25)
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After move in sideways in asian market session ago, gold drop back to yesterday's lowerest price. Gold get pressure and now still continue down and hold in level daily support 1 (1702.37). gold predicted will down strong in this day
Hamzagoroo (2019-05-25)
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