Daily pivot Fibonacci points: Resistance levels: R1: 1414.06 R2: 1415.45 R3: 1416.65. Support levels: S1: 11411.75 S2: 1410.12 S3: 1408.45
Thread: Gold
Daily pivot Fibonacci points: Resistance levels: R1: 1414.06 R2: 1415.45 R3: 1416.65. Support levels: S1: 11411.75 S2: 1410.12 S3: 1408.45
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Gold precious metal, it has changed the lives of many people. Today, gold is used widely because of its amazing properties, In Original Gold was used as an accessory because of its bright color and Alama. Can be wrapped and severity, such as wire and can also flatten like a thin sheet through a banger.
History in brevity
All precious metals discovered, gold was first extracted metal for its extraordinary beauty. Overall, gold appears at the bottom in its natural form, the ancient Egyptians used gold as decoration of the temples and tombs. In modern Egypt, has been found on many ancient coins dating back to more than five thousand years. Experts believe that the gold came from the Upper Nile and the Red Sea and the desert areas and Nubian.
When people discovered gold for the first time in the tributaries of rivers, Valobeid and prisoners of war are the ones who are tired and have suffered for it., And it has changed the techniques to get gold.
Gold used in barter
Gold found to be used when people began to recognize and barter trade, however, at some time before the value of gold Ttoagaft on purity. It was found that gold is not practical to swap it for weight and the weight and the difficulty of transfer
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Gold analysis for 09.04.2013 by using pivot indicator.
r3: 1455.12
r2: 1435.45
r1: 1423.70
pivot: 1404.03
s1: 1392.28
s2: 1372.61
s3: 1360.86
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gold is waqt market mai sub se fasting pair hai is mai log kam kar k buht sa pasa bna rahy hain kyu k gold k ik point ki movement per apku ik dollar ka profit ya loss huta hai gold buht hi risky hai ap gold mai expirnce k bad hi trade kary aj kal iski market buht hi ajeb hai logu ki samjh aur expactation se bahr hai
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.
shry88 (2013-09-03)
Update:
The price of the gold provides slight positive trading since morning and attempts to step above 1394.00 again, supporting our waited overall bullish trend expectations, which are supported by Stochastic reach the oversold levels besides the EMA50.
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Gold price is now bullish power. The price already touched daily pivot point (1401. 60). I think the price may touch Fibo 100 level and upper trend line.
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The price of the gold affected by yesterdays holidays of the US markets, which caused a tight range move for the price, at this time, Stochastic keeps heading towards the oversold areas, reinforcing the chances of a rebound towards the upside to resume the overall bullish expectations. Therefore, we are keeping our general bullish expectations, which its targets begin by attacking 1450.00, while its continuation requires holding above 1340.00
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Fast update about Gold,
Gold hit our Both Levels of Buying 1395 and 1385 That Mention in last post. Now gold is at 1394 Going towards Resistance levels 1307 and 1324. Overall Target is 1375-85 in Daily Timeframe but in Weekly Timeframe Target is 1520. Enjoy the Ride Good luck to all.
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today i like to sell gold @ 1390.00
my stop loss of the day @ 1395.00
half take profit for today @ 1386.80
and further half take profit @ 1380.80
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Gold analysis :
date : 09.03.13
time : 07:00 GMT
time frame : 15 min
current rate : 1390.28
high : 1394.70
low : 1388.98
net change : -0.11%
overall trend : slightly bearish.
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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