Gold is currently testing the upper limit of its medium term bearish channel at 1.782 and showed a decrease. Maybe this level will reach the upper end of the channel is 1.797.
Thread: Gold
Gold is currently testing the upper limit of its medium term bearish channel at 1.782 and showed a decrease. Maybe this level will reach the upper end of the channel is 1.797.
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Hamzagoroo (2019-05-25)
GOLD (Spot) intraday: the bias remains bullish.Our Preference: LONG positions above 1765 with 1787 & 1800 in sight.Alternative scenario:The downside breakout of 1765 will open the way to 1752 & 1736.
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Hamzagoroo (2019-05-25)
Main ye thread GOLD kw discussion kw lite bans raga gain. Sahib members KO ya post Marne kw lite swag at karat goon...
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)
Gold moves back up after the past two days has decreased. the current price is still not too far away from the daily pivot point (1750.87). Most likely the price will return to perform strongly peaked yesterday.
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Hamzagoroo (2019-05-25)
Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.i would recommend you guys to wait and watch. after that you can see what shows the indicator
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The point of concern is around 1755.00's. Breakout at the zone level demand that has been tested many times this can be a strong signal of the sharp decline in gold next week.
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Hamzagoroo (2019-05-25)
Gold has touched and has been rejected by the 1759.04 support level. But the rejection is not too strong. I think Gold will test that support level again today and if Gold can break this support, Gold may falls to the next support level at 1740.05
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Hamzagoroo (2019-05-25)
gold is the best gain profitable trade if u wanna gain from here u analysis 1st then u can trade for 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.
Hamzagoroo (2019-05-25)
Spoiler:
At the H4 chart, the price is between EMA 12 and EMA 72 indicates the trend is consolidation
RSI is above 50 area 50 indicates the trend is still up
Recommendation: buy
TP: 1781.09
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Fxsniper (2012-09-26)
Gold is currently testing the lower limit of the medium-term bullish channel at 1.758 showed an increase. However a break of this level would release significant potential and shows bearish channel.
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.
Fxsniper (2012-09-26), Hamzagoroo (2019-05-25)
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