Thread: Gold
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time frame- H1
the price is break the resistance at 1438.80 and making a strong bullish candle. it is a good signal for the long entry. at the macd indicator is also giving us long signal. we can long this to the target at 1500.00 and stop loss at 1422.00
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Gold rebound from $1321 to $1445.30, after huge drop Russia declare to increase their Gold reserve, May be for that reason Buyer are interested to buy the Gold, Beside Gold Silver is also rebounding. Now the Big question is will we see Gold exchange price to $2000 or $1200 in this year?
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Gold analysis for 04.25.2013 by using pivot indicator.
r3: 1461.07
r2: 1447.30
r1: 1439.32
pivot: 1425.55
s1: 1417.57
s2: 1403.82
s3: 1395.82
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.
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.
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.
elliott correction zigzag 1424 it loo;s more lik;ey that it would rise to 1428 - 1444 from 1409 0r 1401 after which a downside move is expected
support and resistances
res2 1444
res1 1428
pivot 1417
sup1 1401
sup2 1389
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.
Pivot levels today:
R3: 1457.96
R2: 1445.44
R1: 1429.81
PP: 1417.30
S1: 1401.42
S2: 1388.45
S3: 1373.23
Comment: Price now is too close to the daily pivot level, so no clear signal now.
Forecast: By breaking 1408.18 level, this will open the way to more fall to 1367.98, but by breaking 1445.44, this will open the way to more rising to 1474.07.
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.
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.
Calculation results Pivot Today, 24-04-2013
Resistance 2 = 1,446.72
Resistance 1 = 1,433.24
Pivot Point = 1,418.90
Support 1 = 1,405.42
Support 2 = 1,391.08
Buy = 1,398.25
Take Profit = 1,439.98
Stop loss = 1,376.75
Sell = 1,439.98
Take Profit = 1,398.25
Stop loss = 1,460.21
This analysis is positioned as an information, not contained or solicitation is open to any position of financial instruments. All decisions taken by the trader is a trader full responsibility.
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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