SubscribeGold price already touched Fibo 161.8 level and upper trend line. Now the pair try to move downward. I think the price may touch daily pivot point (13351.53).
Thread: Gold
Gold price already touched Fibo 161.8 level and upper trend line. Now the pair try to move downward. I think the price may touch daily pivot point (13351.53).
Last edited by omar555ak; 2013-08-16 at 03:30 PM.
Today Signal--GOLD--16 August, 2013
Spot gold ended the session on Thursday with gains of 2.32%, bouncing back sharply from the session lows of close to 3.5 percent. in a highly volatile session. the precious metal closed above crucial levels at 1348- 1350.00, and rally could extend 1408.00- 1415.00 per troy ounce, last seen in June this year. near term, the downside could be capped at 1340.00- 1345.00, close below which the yellow metal could slide to 1300.00. for positional trades, hold on to the precious metal for targets of 1400.00- 1405.00 with stops at 1337.00- 1340.00
TRADING RECOMMENDATIONS
LONG:
Hold on to positions initiated at 1355.00 with a stop at 1347.00 for a profit target of 1370.00 At 3.30 AM GMT, the precious metal was seen trading at 1354.00- 1366.00 with the session highs at 1372.50.
if steps get hit, long again at 1344.00 with a stop at 1337.00 for a profit target of 1375.00.
At 1380.00 with a stop at 1370.00 for a profit target of 1402.00.
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.
Daily pivot Fibonacci points: Resistance levels: R1: 1371.90 R2: 1375.78 R3: 1380.34 Support levels: S1: 1332.67 S2: 1325.87 S3: 1320.12
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 buy gold @ 1355.10
my stop loss of the day @ 1349.10
half take profit for today @ 1363.60
and further half take profit @ 1369.80
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 technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 16.08.13
timeframe : 1 hour
time : 0700
market trend : up
adx wilder(14) level
style : 34.33
+di : 33.19
-di : 13.81
adx(14) level
adx : 26.84
+di : 17.09
-di : 11.75
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.
gold technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 15.08.13
timeframe : 1 hour
time : 2000
market trend : up
adx wilder(14) level
style : 26.31
+di : 40.91
-di : 16.70
adx(14) level
adx : 30.91
+di : 31.90
-di : 15.57
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 pair price already touched daily support 1 level (1322.22) and lower trend line. Now the pair try to move up ward. I think the price may touch Fibo 100.0 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.
I think that Gold ka 1 bahut strong resistance lagta hai 1550 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nahi aayega.All the best
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 1336 and a low of 1316, closed at 1336. Today the metal trades below the resistance line of 1347.
Downside Scenario: As long as the Gold remains below the resistance line of 1344, a decline is likely to be seen into the levels of 1320, then 1305.
Upside Scenario: If the metal penetrates above the resistance line of 1347, this could send the metal to the levels of 1359, then 1371.
[IMG]3.bp.blogspot.com/-BiLAAx_4sEs/UgyTDRHlC4I/AAAAAAAAJvU/wBijd0c1zLQ/s1600/gold.jpg[/IMG]
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.
There are currently users online. members and guests
Threads:
Posts:
Member:
Thanks
Currently Active Users
