Subscribethe Gold and as we can see from the chart has closed it's daily candle under the level of 1600.00 , so , that's mean the down trend is still standing and the pair is heading to 1585.00 then 1570.00
Thread: Gold
the Gold and as we can see from the chart has closed it's daily candle under the level of 1600.00 , so , that's mean the down trend is still standing and the pair is heading to 1585.00 then 1570.00
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as what i can see in the hourly shart i think the gold have return in bulish all in dicator give the up direction
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because of the moving under the level of 1650.00 as we can see from the chart , I think the down trend is still standing and the pair might head to 1625.00 and then 1610.00 how ever the Gold made any hourly correction
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If a M15 close above 1700 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1602 sell only and do not buy. If price closes back above it again do nothing
The range 1700 and 1602 is neutral area, any trade done in between is personal decision and not part of this analysis
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Gold is inching lower overnight as the market-wide correction in post-FOMC moves seemingly begins to lose momentum
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gold is seems to be moving on upside for next few days.
So, its good time to buy position over forex market.
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gold is going up since going down to 1532, so it is a good thing to buy because the reversal has started. so I think it is time to go up again.
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If a M15 close above 1680 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1630 sell only and do not buy. If price closes back above it again do nothing
The range 1680 and 1630 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
CME put margin on Gold again. That's why gold dropped. I had a trade opened. I hedge my trade from 1656. If gold come to near 1500, I will close my sell order and keep buy trade. I think gold will not be able to back to 1800 area so easily.
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.
If a M15 close above 1700 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1642 sell only and do not buy. If price closes back above it again do nothing
The range 1700 and 1642 is neutral area, any trade done in between is personal decision and not part of this analysis
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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