Thread: Gold
Gold is now very much blew to the south, and even managed to break through and drop a local minimum of the month, I think as long as you can forget about the growth in the near future, I personally look forward to continue falling in the flesh to 1530.
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Hamzagoroo (2019-05-25)
recommendation
staying aside awaiting further confirmation
Support 1565.00 1555.00 1544.00 1532.00 1526.00
Resistance 1586.00 1600.00 1608.00 1616.00 1630.00
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Hamzagoroo (2019-05-25)
India's gold imports could pick up in the second half of 2012 if record prices ease but annual volumes will still fall about 30 percent after a tax hike, which could crimp demand until 2014.
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Hamzagoroo (2019-05-25)
The pair is trading along an sideways trading pattern.
An uptrend will start as soon, as the pair rises above resistance level 1578, which will be followed by moving up to resistance level 1592.
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Hamzagoroo (2019-05-25)
Since a week now gold is trading in range of 1557-1587, currently trading at around 1573 taking support at around 1565 we can expect the range to broken to upside but if 1557 is broken we can expect some more down side.
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Hamzagoroo (2019-05-25)
that will move up a few more days for 1650 or 1660 to buy what is now dangerous because we have an expectation of any fall, because there were some large increases in recent days, lets wait to start a fall.
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)
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 retains the low-walking trend, with the opening of the trading week went a little pullback to the north, but then he got out of the moving average with a period of 200, so that the lateral movement I think 1585 will be a good resistances, and the goal for gold is still thinking in the south ....
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.
The trading range for today is expected among the key support at 1530.00 and key resistance now at 1640.00.
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.
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)
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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