hi
how are you
we can see in the m15 chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1577.96
stochastic refers that the pair will go up
so our target buy from 1577.00 and our target will 125pips
Good luck
Thread: Gold
hi
how are you
we can see in the m15 chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1577.96
stochastic refers that the pair will go up
so our target buy from 1577.00 and our target will 125pips
Good luck
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First help from 1490 (Jun 27 low) accompanied by 1485 (76. 4% retrace of 1462. 45-1558. 25). First opposition is currently from 1526 (June per day high) accompanied by 1523 (Jun 23 high).
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Gold 1 ka bahut strong resistance Lagta have pe 1550 ... Orphan is a point todna Thoda Mushkil kop you Lekin agar Iske gold uPAR Nikal gaya fir iska fluctuated itnio easy nahi aayega ..
So, for gold, I would recommend you wait and see
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we can see in the 1d chart
the pair will go up to fibo 23.6
I see the pair will go to up way to 1616.88
stochastic refers that the pair will go up
so our target buy from 1582.00 and our target will 3352pips
Good luck
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Gold is moving around the resistance level at 1583.88. I think Gold has a big probability to break this resistance. If Gold can break this resistance level successfully, I think Gold will go up to the next resistance level at 1594.33.
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Good post . I think The latest correction ended just before the former 4th wave extreme at 1720 and price is expected to reach a new before the next 4th wave begins. Look higher. 1765 is short term support. so Thanks your post .
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Gold analysis by using : moving averages.
date : 03.07.2013
time frame : 1 hour
ema5 : 1583.04 signal-buy.
ema10:1582.44 signal-buy.
ema20:1581.16 signal-buy.
time : 09:20 GMT
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Gold analysis for 03.07.2013 by using pivot indicator.
r3: 1607.10
r2: 1595.80
r1: 1589.60
pivot: 1578.30
s1: 1572.10
s2: 1560.80
s3: 1554.60
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Gold rose on Wednesday, but analysts expect the breakout from Wall Street stocks to new highs, and the data show an improvement of the U.S. economy to suppress interest in gold as a safe haven.
News from other purchases from South Korea's central bank last month and hope outflow in the gold-backed exchange traded funds will be supported gold. Gold is now up in the series of two day after a four-day series.
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GOLD (Spot) intraday: key ST resistance at 1587
Pivot: 1587.00
Our preference: SHORT positions below 1587 with 1580 & 1576 as next targets.
Alternative scenario: The upside penetration of 1587 will call for a rebound towards 1599 & 1603.
Comment: the price is challenging its key resistance area around 1585, caution.
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