There is a bid down fall happened in this pair and it already break the support of 1652 and I think that the trend of down fall continuous today
Thread: Gold
There is a bid down fall happened in this pair and it already break the support of 1652 and I think that the trend of down fall continuous today
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in the h4 time frame the pair is break the strong support at 1653.30 and it will moving down side. at the time stoch and cci are also oversold this will try to come out but may be not break the resistance. we can long this if price will close about the 1660.00
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Gold analysis for 02.12.2013 by using : pivot indicator.
r3: 1688.43
r2: 1678.67
r1: 1663.03
pivot : 1653.27
s1: 1637.63
s2: 1627.87
s3: 1612.23
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I don't know what happened to gold yesterday but i has slept very low its now trading at 1646 down from 1674 at the end of last week which is no good at all to people like us who have traded it and bought for it to go up i hope the up trend starts now
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sell gold at the level 1653.75 with targets at 1633.91 and 1622.24, but in case of breaking the level 1658.66, then buy above this level with targets at 1673.32 and 1684.00
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M15 if near previously mentioned 1603. eighty it isn't just investing. If your selling price closes under the idea once more almost nothing.
M15 near under your 1578. 20 it isn't just to market and purchase. If your selling price closes the idea copy once more almost nothing
Selection 1603. eighty in addition to 1578. 20 basic area in the middle of any organization individual determination and it is not portion of this kind of examination.
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Modern inclination Jo ha who upwardly inclination PE ha air jab place ha 1554 agar toll condition k air gays tho lowest doctor ha ska 1536, breaking the appreciation transform to the downside targeting 1531 then 1525
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Gold has broken the support level at 1646.16 strongly. Beside that, I think the bearish trend in Gold still strong enough. So, with this condition and this breaking, I expect Gold will fall more deeper to the next support level at around 1636.71 or even lower.
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Did not survive the total of the dollar and gold, it does burst support 1653, what is interesting breakdown took place almost one pulse and without resistance bulls strengthening below 1650 mark and opened a nice little easy way to further decrease, the goal may be 1634 + -, waiting for my entry point to sell.
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ii do love trading tthis commodity it is the best when it comes to trading that way i know that with gold then we all have to make sure that we are having the best in to the market and that way i know iwill win.
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