Spoiler:
On the H1 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
50 RSI is above 50 indicates area trend is still up
Options: BUY
Take profit: 1796.11
Thread: Gold
On the H1 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
50 RSI is above 50 indicates area trend is still up
Options: BUY
Take profit: 1796.11
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Gold show gains continue to successfully penetrate the daily resistance point 1782.07. now the price is still moving at a strategic level before continuing bullish.
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Hamzagoroo (2019-05-25)
Gold technical analysis for 04.10.2012 by using : Auto pivot indicator.
resistance 3:1795.82
resistance 2:1789.98
resistance 1:1782.02
pivot point :1776.18
support 1:1768.22
support 2:1762.29
support 3:1754.42
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Hamzagoroo (2019-05-25)
on the daily chart gold painted double top .. especially at the level of 1790 is used to be a very strong resistance and then the price fell back down very much ... so I will be very alert to the possible reversal of trend ... and it is very possible and there are STAP fairly short ....
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Hamzagoroo (2019-05-25)
Gold, the primary trend is still north, on 4 hour chart you can see that the price has come close to the level of the sloping, while I think that will hang on the north and re-growth of this slope.
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Hamzagoroo (2019-05-25)
On the H1 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
50 RSI is above 50 indicates area trend is still up
Options: BUY
Take profit: 1792.29
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.
Price of gold continues to fluctuate within the scope of both sides and is now floating around 1770.00, while the SMA 50 continues to provide support to the price of the bottom.
Thus, the bullish trend remains likely to intraday and short term, what is not broke level of 1750.00 and that in turn would lead to a possible shift in intraday trading and short-term downward.
Expected trading range for today is between: Support 1750.00 and resistance 1800.00
General tendency is expected for the day: UP
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.
Hamzagoroo (2019-05-25)
Gold technical analysis for 03.10.2012 by using : Auto pivot indicator.
resistance 3:1795.82
resistance 2:1789.98
resistance 1:1782.02
pivot point :1776.18
support 1:1768.22
support 2:1762.38
support 3:1754.42
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.
Hamzagoroo (2019-05-25)
\\\\\Of gold on the weekly chart formed an interesting situation, the price for a few weeks in a row can not overcome sloping resistance level as stochastic shows a sell signal, I think it will be a trend reversal to the south, or at least a correction.\\\\
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.
Hamzagoroo (2019-05-25)
Of gold on the weekly chart formed an interesting situation, the price for a few weeks in a row can not overcome sloping resistance level as stochastic shows a sell signal, I think it will be a trend reversal to the south, or at least a correction.
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.
Hamzagoroo (2019-05-25)
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