GOLD Trading Signal - 25/7/2013 - 16:00 GMT+3 60min CHART Downwards Weak
The market is testing resistance at 1325.00. We are waiting to see reversal signals in order to reinstate SHORT positions.
Next important resistance the 1335.00 level.
Thread: Gold
GOLD Trading Signal - 25/7/2013 - 16:00 GMT+3 60min CHART Downwards Weak
The market is testing resistance at 1325.00. We are waiting to see reversal signals in order to reinstate SHORT positions.
Next important resistance the 1335.00 level.
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.
gold forecast:
from H1 chart we can see that gold price has been rejected by support area. it suppose to move upside again to test the resistance area again around 1346.
we can place short buy.
current price: 1329
stop loss: 1320
take profit: 1342
good luck...
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hi
we can see in the daily chart
the pair can not close down the broken up trend line
I see the pair will go to up way to 1330.48
macd refers that the pair will go up
so our target buy from 1328.48 and our target will 200pips
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Gold bahoot hi mushkil hain is main aghar ap k pas tajarba ni hain to apko gold bilqul ni karna chaheye is main wo trader kam kar sakta jis k pas bahoot tajarba ho aghar ap k pas tajarba hain aor apki qismat bi chal gai to ap ko bahoot ziada bfaida ho sakta hain
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 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 1326.12
stochastic refers that the pair will go up
so our target buy from 1323.12 and our target will 300pips
Good luck
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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 : 29.24
+di : 26.75
-di : 26.49
adx(14) levels
adx : 20.97
+di : 28.76
-di : 16.59
time : 1700
date : 25.07.2013
timeframe : 1 hour
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Gold pivot levels for 25.07.2013 by using fibonacci pivot indicator.
resistant 1:1362.53
resistant 2:1349.15
resistant 3:1340.88
pivot point :1327.49
support 1:1314.11
support 2:1305.84
support 3:1292.45
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i have viewed the yesterday today trendrs ifoud that gold is really falling in the last there days i lost about 2.5 in my demo account gust yesterday
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Gold in the last few hours showed good growth on the support of 1310, the price is suitable for medium-term resistance in 1323 - most likely from this level will again retreat south (toward the mid-south of the wave), and on 4-hour chart is working out a bearish divergence MACD.
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today i like to buy Gold @ 1307.10
my stop loss of the day @ 1300.00
half take profit for today @ 1317.10
and further half take profit @ 1325.10
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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