Thread: Gold
As you see in my following attached chart, the price of the gold traded between a high of 1338 and a low of 1309, closed at 1334. Today the metal trades below the resistance line of 1348.
Downside Scenario: As long as the Gold remains below the resistance line of 1348, a decline is likely to be seen into the levels of 1318, then 1303.
Upside Scenario: If the metal penetrates above the resistance line of 1348, this could send the metal to the levels of 1360, then 1373.
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Gold price already touched Fibo 100.0 level and upper trend line. Now the price is down trend. I think the price may touch daily pivot point (1326.62) and Fibo 50.0 level.
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for gold seems almost formed a triangle pattern, if there is a trendline break at the moment that's confirmation for the transaction. view of the wave shape formed gold still seems so strong to bullish, so it likely will still move up.
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today i like to sell Gold @ 1347.10
my stop loss of the day @ 1353.30
half take profit for today @ 1337.10
and further half take profit @ 1326.10
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Trend is bullish now if market retrace near 1326 we will enter with long position and target will 1370 and 1400
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 pivot levels for 26.07.2013 by using fibonacci pivot indicator.
resistant 1:1355.43
resistant 2:1344.37
resistant 3:1337.54
pivot point :1326.48
support 1:1315.42
support 2:1308.59
support 3:1297.53
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.
the forex trade is agood gold kam agr bnda us ko din rat kam kary
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.
Buhat achi bat he k apne ye thread Gold ki guftago k lei makhsos kar diya he Gold min trade karne k lei humin kafi sarmaya chahye aur es min humin forex trading min experience hasil karna chahye phir hum es min khareed wa frokhat kar sakte hin. Gold min trade k zarye bara munafa hasil kar sakte hin aur es min nuqsan k bhi bare nuqsan hin Es lei hum ko chahye k pehle hum seikhin mukamal tareeqa aur phri es min experience hasil karin.
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.
As you see in my following attached chart, the price of the gold traded between a high of 1347 and a low of 1313, closed at 1322. Today the metal trades below the resistance line of 1348.
Downside Scenario: As long as the Gold remains below the resistance line of 1348, a decline is likely to be seen into the levels of 1308, then 1295.
Upside Scenario: If the metal penetrates above the resistance line of 1348, this could send the metal to the levels of 1360, then 1373.
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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