Thread: Gold
according to the chart the price slowly going down and gives uo bearish signal for this pair.though the stoch is in overbought zone I think price will go down according to the soch level.
our targeted take profit pips willl be -2000
our targeted stop loss pips willl be-5000
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Hanif484 (2018-12-14)
i think that gold prices will move up in the next period as we are now at a strong resistance point @1642.65 and i think that the rise in prices will continue until tp1@61.8 percentage and i suggest buying now as the prices of the gold absolutely will rise again .
Last edited by hazem ahmed mohamed; 2012-03-21 at 03:12 AM.
Hanif484 (2018-12-14)
after getting resistance from the slowest ema the price of this pair is going down slowly.stoch also gives us the signal of weak movement by narrowing the two line. so il recommend short position for this gold.
our targeted take profit pips willl be -300
our targeted stop loss pips willl be-600
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Hanif484 (2018-12-14)
Gold prices open at 1.659.05, and high current at 1.659.31. pivot level in the area of 1.654.50. if it can penetrate the high current price will likely go to 1666 or down correction to the first pivot area and then continue the rising trend.
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Hanif484 (2018-12-14)
Fortunately 1635-40 is the range where gold is getting good support as this was the range where last time gold make a bounce back from and made a journy crossing 1700 level the same day, yeh breaking 1630 may push to 1590-1600 range.Originally Posted by malik
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Hanif484 (2018-12-14)
i think that gold prices will move up in the next period as we are now at a strong resistance point @1659 and i think that the rise in prices will continue until tp1@61.8 percentage and i suggest buying now as the prices of the gold absolutely will rise again after the last decrease in it's prices.
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Hanif484 (2018-12-14)
We have very good long term change on GOLD. Looking at the weekly chart, we are very close to touch the up trend line. It is very hard to be broken because GOLD still GOLD. So I suggest buy at the indicated point on the chart. If the uptrend line broken, we go sell. Both deals are long term with tp 1920 (for buy) or (1522 then 1420 for sell).
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Hanif484 (2018-12-14)
the gold have reach to strong resistance at 1.666.72 then down again can you tell me which is the strong support may be reached and there are news today can affect on the gold and change the trend ?
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Hanif484 (2018-12-14), Unregistered (1)
gold is still likely to go down to grab the 61.8% Fibonacci target at $ 1,625 area. Meanwhile, the closing price above $ 1.656.25 will unlock the potential of rebound toward the area of $ 1,670 - $ 1,679. so see and wait to open position
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Hanif484 (2018-12-14), Unregistered (1)
Gold ka over all trend selling ka hai is liay is hafty main to sell hi kron ga aap apni marzi say jo chahain kr skty hain
current in upward buy near in selling area/zone
thnaks dear all trades
happy pips
and happy trading
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.
Hanif484 (2018-12-14), Unregistered (1)
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