SubscribeAs gold continues to fall to the south, there is a sliding door stop the formation of a wave (from the oblique resistance level), now the price is stuck near the short-term level of 1597, when his breakthrough to be 1585 and 1550.
Thread: Gold
As gold continues to fall to the south, there is a sliding door stop the formation of a wave (from the oblique resistance level), now the price is stuck near the short-term level of 1597, when his breakthrough to be 1585 and 1550.
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Hamzagoroo (2019-05-25)
Gold is close to the upper boundary of the Ichimoku cloud, and as much below the price of the border do not want to start up, it seems the North is preparing to rise, I think that the goal for today will be the level of 1630.
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Hamzagoroo (2019-05-25)
I am expecting it hit 164x level after that there might be some correction to 15xx level. for now its giving some strong resistance to USD even major pairs are fallingOriginally Posted by Sondag
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Hamzagoroo (2019-05-25)
i think it is better for us to wait until the gold retest the moving down trend shown on the H4 chart then after reaching this trend we can sell gold with target point @61.8% as we have a support level @ this level .
Last edited by hazem ahmed mohamed; 2012-07-05 at 03:01 PM.
Hamzagoroo (2019-05-25)
right there are some good chances of touching 1640 level and then we will see again correction for the This week bullish movement. NFP may make Gold to drop
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Hamzagoroo (2019-05-25)
I chose to follow the bullish trend. But since gold moved sideways yesterday, it is necessary to note the following levels.
If the 1619.60 level been broken, then the possibility of gold will skyrocket to a level of 1639.30.
Or conversely, if the 1611.00 level been broken, then gold will slide to as low as 1588.50.
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Hamzagoroo (2019-05-25)
enter in some dip level, now its not good time to buy just wait till it enter in $15xx region and buy target some $20-$30 then your trade will end in profit
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)
i have tired gold ..several times ... but always end up in loss ... i have never tried much in trading about gold ... some body please suggest a good resource on gold trading ...
Click "BUY" when you this its "SELL" and click "Sell" when you think its "BUY"
Hamzagoroo (2019-05-25)
But the gold is not very clear situation, go on sale signals crossing the green line ching span the price chart from top to bottom, and "dead cross" if the price will break through the cloud of Ichimoku is a reversal in the south.
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Hamzagoroo (2019-05-25)
Gold is slowly without any jerks but still shows growth, ahead of a very strong resistance at 1633 which could not penetrate the metal several times, especially in such a market like today fletovogo forward movement of the instrument ...
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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