Subscribewe can see that the pair has closed it's daily candle above 1800.00 . so , that's means that up trend is expected and the pair might head to 1850.00 and then 1865.00 ,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 1800.00 . so , that's means that up trend is expected and the pair might head to 1850.00 and then 1865.00 ,but also the hourly correction is expected before continue in the up trend
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Abubakar 148 (2020-08-16)
If a M15 close above 1823.80 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1830.20 sell only and do not buy. If price closes back above it again do nothing
The range 1823.80 and 1830.20 is neutral area, any trade done in between is personal decision and not part of this analysis
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Abubakar 148 (2020-08-12)
the chart is showing that the gold has succeeded in closing it's daily candle above level 1820.00 , and that's mean the up trend is still standing and the pair might head to 1850.00 and then 1870.00
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Abubakar 148 (2020-08-17)
Gold is in a strong up trend, but nevertheless we see a downward correction, suppose that the next direction for the next day will be the price of 800 per troy unce,According to my estimates before we go down the price of 2000,to 2000 are included strong sales and we assume the maximum price for 1994 per unce,good luck all
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gold abhi thoda shant hua hai par iska long term upar ki taraf hai aur iska target 2000$ ki taraf hai, aap buy kar sakte ho
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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 1760 sell only and do not buy. If price closes back above it again do nothing
The range 1810 and 1760 is neutral area, any trade done in between is personal decision and not part of this analysis
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I expect uptrend movement toward the resistance near $1857. MACD does not send a clear signal, RSI left the oversold zone signaling for long, all the three MA's support the price-the indicators send signals for long.
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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.
Weakness has extended to the Fibonacci level (1710) and consolidation / pullback is favored in wave 4 before a new low is registered in wave 5. 1750/70 is resistance.
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If a M15 close above 1850 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1802 sell only and do not buy. If price closes back above it again do nothing
The range 1850 and 1802 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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