Thread: Gold
Gold price traded between a high of 1238 and a low of 1215, closed at 1216. Today the metal trades above the support level of 1242.
Upside Scenario: If the support level of 1242 holds, a rise to the levels of 1266, then 1277 could be seen.
Downside Scenario: Breaking below the support level of 1242 could push the metal down into the levels of 1243, then 1231.
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aj gold ki market kafi garm rahi starting mai 1233$ se mone kar k 1257$ tak gya udr se phr wapis aa rha hai abe future mai ye chance hai k gold nechy aay ga i think 1100 ko break kry ga ap logu k kya khaylaat hain agr ap chahty hain k ap zayda earning kary to ap gold mai trade kary buht jald rich hu jy gy but thek guidness k sath
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time frame- H1
the price is move at the strong resistnace 1258.40 level and this is rejected also but down movement is hold at the support 1245.00 and again ready to move up side. we can long gold with the take profit at 1270..00 and stop loss at the 1240.00
good luck
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Gold has managed to overcome two very strong level of medium-level and sloping 200 Sliding (1240 breakout point), after strong growth now the price has entered into a small corrective phase but the resumption of growth (or came in 1260) will again open the package, the aim of 1290 - 1300.
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today i like to sell Gold @ 1255.10
my stop loss of the day @ 1271.10
half take profit for today @ 1245.10
and further half take profit @ 1233.10
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now gold seems has reach it's maximum position in the resistance area.
it is high probability to make a down movement.
current price : 1251
set sell entry with stop loss at 1270
take profit at 1230.
good luck.
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we can see in the 1d chart
I see the pair will go to up way to 1375.52
rsi refers that the pair will go up
so our target buy from 1240.56 and our target will 13544pips
Good luck
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Hi,,
in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 1.6599
I expect from this analyze that the price will go to down way
so sell from 1236.52 to 1217.74
good luck
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elliott crucial reversal point 1155 market should not go lower than 1107 after this move down it should go up to 1377 area
support and resistances
res2 1521
res1 1377
piovt 1278
sup1 1134
sup2 1036
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.
today i like to sell Gold @ 1240.10
my stop loss of the day @ 1252.10
half take profit for today @ 1222.10
and further half take profit @ 1205.10
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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