hi;;
i see the pair go down using moving average (20&5)
and rsi refers that the pair will go down
will sell:1280.33
will go down:1278.33
profit:200pips
Thread: Gold
hi;;
i see the pair go down using moving average (20&5)
and rsi refers that the pair will go down
will sell:1280.33
will go down:1278.33
profit:200pips
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.
yar meri to ek trade parso se Gold per sell ki lgi hui ha , mjy signal aya tha k nechy jai gi lekin ye to uper chali gai lekin haan ye ha boht profit wali pair is pr trade kro lekin alert rho updates se to ap boht acha profit bna skte ho so ye thi meri suggessioin acha lge to gold ko buy kro long term k liye boht profit bnao g is s dkh lena
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.
we can see in the 1d chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1378.93
stochastic refers that the pair will go up
so our target buy from 1285.24 and our target will 9369pips
Good luck
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elliott common flat correction up 1267 current rise should end around 1269 objecteves of this down move re 1247 or 1234 arise above 1278 is again bullish
support and resistances
res2 1278
res1 1269
piovt 1256
sup1 1247
sup2 1234
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As you see in my following chart, the price of the gold traded between a high of 1266 and a low of 1244, closed at 1260. Today the metal trades above the support level of 1261.
Upside Scenario: If the support level of 1261 holds, a rise to the levels of 1295, then 1310 could be seen.
Downside Scenario: Breaking below the support level of 1261 could push the metal down into the levels of 1250, then 1238.
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After the minutes and fed dovish speech yesterday it help to pull US dollar down but still leave it the strongest, though for now market is still trading the news, in case of gold, silver we can see it help to boast gain in them in the short term, we all know that we have bullish butterfly in daily chart and reversal candle forming in weekly chart in gold , then silver has a reversal H&S in 4hr chart , and in both pair has from a higher lows for the up move, so for now we should be buying for the short term being that we know that the trend for both are still strongly bearish, for gold we are looking at 1350, while silver we are looking at 21.45 for there up move
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today i like to sell Gold @ 1295.10
my stop loss of the day @ 1305.10
half take profit for today @ 1282.10
and further half take profit @ 1275.10
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Gold price already touched daily resistance 3 level (1290.39) and upper trend line. Now the pair price is down trend. I think the price may touch Fibo 161.8 level.
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gold market analysis by using : average directional movement index wilder(14) & average directional movement index(14)
adx wilder(14) level
style : 51.49
+di : 35.46
-di : 7.61
adx(21) levels
adx : 34.60
+di : 19.07
-di : 8.44
time : 1200
date : 11.07.2013
timeframe : 1 hour
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