Thread: Gold
If a M15 close above 1760 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1670 sell only and do not buy. If price closes back above it again do nothing
The range 1760 and 1670 is neutral area, any trade done in between is personal decision and not part of this analysis
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think the intervention on eur also favored gold against usd so i'm thinking it may not retrace to 1732 but just move more upward
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Gold current trend upward trend and target 1720 stop loss 1735 and 1702, even went for the lowest price point Kasira 1702, the trend is turning bearish targets to 1695 and 1680
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the pair and as we can see from the chart has closed it's daily candle under the level of 1700.00 , so , that's mean the down trend is still standing and the pair is heading to the level of 1686.00 , good luck .
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the starting today above the level of 1700.00 make from the Up trend expected and the pair could reach the level of 1739.00 , also we have to know that the pair maybe success in breaking it tonight and that's will be good chance for buying
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If a M15 close above 1720 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1670 sell only and do not buy. If price closes back above it again do nothing
The range 1720 and 1670 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
because of the trading now above the level of 1700.00 will make the uptrend expected and the Gold might continue in it's upmovements to reaching 1735.00 and that's before bouncing from the resistance levels , good luck .
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.
If a M15 close above 1700 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1670 sell only and do not buy. If price closes back above it again do nothing
The range 1700 and 1670 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
Today GOLD market opens @ 1679.55 and the current price of GOLD is 1705.86 . The market is on Buying position right now and may be it touches 1712.85
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.
as i can see from the chart the Gold has success in breaking the level of 1690.00 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 1683.00 , good luck
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.
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