Subscribewe can see that the pair has closed it's daily candle above 1700.00 . so , that's means that up trend is expected and the pair might head to 1713.00 and then 1726.00 ,but also the hourly correction is expected before continue in the up trend
Thread: Gold
we can see that the pair has closed it's daily candle above 1700.00 . so , that's means that up trend is expected and the pair might head to 1713.00 and then 1726.00 ,but also the hourly correction is expected before continue in the up trend
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The price of gold is trading positively since the morning, breaking the level of 1656.00 and this is what makes us that the positive impact of this form Atfl now Pending the achievement of its objectives, which are located mainly at 1703.00
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as we can see on the chart , the pair is trading under the level of 1700.00 , any way if the pair succeeded in breaking 1700.00 , it will continue in it's up movements heading to 1700.12 and then 1725.00
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gold break its resistance areaa...and now its move 50 points
i think now its a good time for enter in gold buy..see the h1 chart..
my tp is 1750.00 and i am sl is 1600.00
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If a M15 close above 1680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1652 sell only and do not buy. If price closes back above it again do nothing
The range 1680 and 1652 is neutral area, any trade done in between is personal decision and not part of this analysis
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the trading now above the level of 1650.00 will make the uptrend expected and the pair might continue in it's upmovements heading to 1665.00 and then 1680.00 and that's before bouncing from the resistance levels
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If a M15 close above 1680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1642 sell only and do not buy. If price closes back above it again do nothing
The range 1680 and 1642 is neutral area, any trade done in between is personal decision and not part of this analysis
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in this chart we can see that the candle will downtrend , i use ( one hour frame H1 ) so i supose to sell in this time and make two target the first target at ( 1646.50 ) and the second target is at ( 1640.25 ) and do not forget to make your stop loos at ( 1690.50 ) .
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If a M15 close above 1680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1632 sell only and do not buy. If price closes back above it again do nothing
The range 1680 and 1632 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 in a suitable place to buy it because it closed above fibo level+Trend line
as you see in the folloing chart , so our target will be at 38 , 50 and 61 fibo
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