SubscribeWhile for the strong growth to overcome the resistance level 1754 and strengthened above the moving alligator that acted as resistance, then only we can expect the trend to resume the northern exit to the level of 1791.
Thread: Gold
While for the strong growth to overcome the resistance level 1754 and strengthened above the moving alligator that acted as resistance, then only we can expect the trend to resume the northern exit to the level of 1791.
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Hamzagoroo (2019-05-25)
XAU/USD
sell
Enter :- 1748.97000
TP1 :- 1748.79878
TP2 :- 1748.62756
SL :- 1749.31247
Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend
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Hamzagoroo (2019-05-25)
Golden chance to continue to climb still open if consistently drove the 1744.36 level, the nearest target, FR 61.8% (1756.85) and FR 76.4% (1763.68) and the declining trend line (1765.85), if translucent 1744.36 level, will facilitate gold sag toward FR 23.6% (1739.36). Support strong, 1728.80. Area in anticipation of a bullish reversal is 1746.30 and 1744.36 VST. Areas to anticipate bearish reversal is 1756.85; 1763.68 and 1765.85.
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Hamzagoroo (2019-05-25)
Gold trading is much risky. Those who are not experienced enough should not practice gold trading. this is most risky trading which can be cause of sever lose. So we must be aware about gold trading.
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The Gold prices substantially grew today on weak dollar and the rising of the equity markets around the World. The October futures price of gold rose by $ 9.50 and recorded a high at the $1747.40 per troy ounce on COMEX.
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Gold has made a good recovery from the lows of 1624 and reached the target of 1671 today, but now looks tired, I hope that 1656 and 1646-1678 rear of feelings can be changed by and he can go back time 1706th.
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Hamzagoroo (2019-05-25)
long positions at 1754.1500 with 1763.2700 and 1772.6600 as next targets
the break out of 1746.3700 will call for arebound towards 1735.9100
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Hamzagoroo (2019-05-25)
Technical analysis today:
H1 trend: up
Support: 1746.10
Resistance: 1751.10
The movement today gold moves up and tried to get close 1751.50
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Hamzagoroo (2019-05-25)
The previous candle on daily time frame, is an inside bar candle. Then, as we know, the break out of the high and low of insider candle, can show the next direction of the market. Now, we can see that Gold has broken the yesterday's high (high of inside bar candle). So, I think Gold may goes up today to the 1759.04 resistance level or even higher.
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Hamzagoroo (2019-05-25)
Continued tendency bullish on gold price yesterday to approaching price the level of re-testing key support broken, which turned into resistance 1761.00, as we argue in our recent, we need to confirm the direction of the next by monitoring levels El between resistance mentioned and support 1731.00
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