Gold traded heavy during the last week of october and the bearish sentiment underlying the bullion may carry into the following month as market participants diversify away from the precious metal.
Thread: Gold
Gold traded heavy during the last week of october and the bearish sentiment underlying the bullion may carry into the following month as market participants diversify away from the precious metal.
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we can notice on the chart , the Gold is trading under the level of 1750.00 , so any way if the pair succeeded in breaking 1700.00 , the pair will continue in it's up movements heading to 1765.00 and then 1780.00 on continuous movements base
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If a M15 close above 1750 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1710 sell only and do not buy. If price closes back above it again do nothing
The range 1750 and 1710 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.
up movements till 61 fibo level still expected (as our final target) but may we
see few down as correction movements (Reversal candlestick)
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If a M15 close above 1730 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1700 sell only and do not buy. If price closes back above it again do nothing
The range 1730 and 1720 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.
The pair intraday; bullish bias above the level of 1700, and supported by arising trend line ;
so the upward movement is still standing on the pair.
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If a M15 close above 1730 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1710 sell only and do not buy. If price closes back above it again do nothing
The range 1730 and 1710 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 1700.00will make the uptrend expected and the pair might continue in it's upmovements to reaching 1730.00 and then 1745.00 and that's before bouncing from the resistance levels
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Trading price of gold since the morning positively stable above 1703.00, and this is what keeps the positive scenario is still waiting to achieve the main goal when I 1755.00, which is required to achieve stability above 1703.00 - 1690.00
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 1730 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1700 sell only and do not buy. If price closes back above it again do nothing
The range 1730 and 1720 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.
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