Thread: Gold
If a M15 close above 1810 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1800 sell only and do not buy. If price closes back above it again do nothing
The range 1810 and 1800 is neutral area, any trade done in between is personal decision and not part of this analysis
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XAUUSD was mostly bullish yesterday and in Asian session today broke outside triangle consolidation to the upside. . . but there has been no pressure since the break. The bias is neutral for now until further price action confirm or cancel break.
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If a M15 close above 1830 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1800 sell only and do not buy. If price closes back above it again do nothing
The range 1830 and 1800 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 chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 1800.00 , and that's mean the up trend is still standing and the pair might head to 1810.00 and then 1820.00
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A major directional breakout seems unlikely until Wednesday when the Fed unveils the outcome of the sit-down, but the technical picture continues to argue for a double top below the $1900/oz figure marked by a pair of Bearish Engulfing candlestick patterns.
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If a M15 close above 1800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1750 sell only and do not buy. If price closes back above it again do nothing
The range 1800 and 1750 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 chart is showing that the Gold has closed it's daily candle under the level of 180.00 exactly at 1778.00 , and that's mean that the down trend is still standing and the pair might reach 1765.00 and then 1750.00 .
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Thu's rebound and a bullish candle above 1702.44, close to a 50% of the Jul-Aug advance and the former 2.5yr bull chnnl resist (now serving as a supp), favours a recovery twds 1853.60+. 1757.01 should limit dips.
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If a M15 close above 1870 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1820 sell only and do not buy. If price closes back above it again do nothing
The range 1970 and 1820 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.
As the price has not moved so much.i think it will go up for 1832.xx.then it will start falling down...........the 1833.xx is the R 1 of pivot point..............
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