Thread: Gold
gold
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 34.21
+di : 13.54
-di : 38.19
adx(14) level
adx : 41.02
+di : 9.99
-di : 33.21
so we can decide that the market trand is : down
timeframe : 1 hour
time : 1500 gmt
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We can see if the GOLD are failed to break the Monthly MA, it was reject at the MA Line.. the present condition show if the gold already traded the Monthly MA (Green) and Daily MA (Red). It was reject on Weekly MA, but the rejection is not really strong maybe. and it will break it shortly. Wait till the price getting overbought, and set selll order at GOLD.
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Gold analysis :
date : 09.20.13
time : 14:01 GMT
time frame : 15 min
current rate : 1347.42
high : 1368.06
low : 1345.43
net change : -0.92%
overall trend : slightly bearish.
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gold
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 32.98
+di : 15.54
-di : 30.27
adx(14) level
adx : 36.42
+di : 9.52
-di : 35.16
so we can decide that the market trand is : down
timeframe : 1 hour
time : 1200 gmt
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.
Updtae:
The price of the gol remains stuck between the morning mentioned levels, which we are waiting for breaching one of them to detect the next trend clearly. Therefore, our neutral attitude remains valid, and to get more details about these levels and the expected targets, please takes a look at our morning report.
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today i like to sell gold @ 1359.00
my stop loss of the day @ 1362.40
half take profit for today @ 1356.00
and further half take profit @ 1353.30
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Analyzing structure from the July low suggests that a series of 4th and 5th waves should unfold. In other words, gold is headed higher but with corrections along the way.
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gold sell kare at market or profit target 1343 ka hai agr is ne 1343 b break kia to ye 1335 per jaye ga
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gold is gold hamari bhi pooree tuwaju gold ke trading par ha main bhi ab golg kee trading kar raha hoo gold say hamin bohot hi zayada munafa huwa ha osi lea ham gold main hi trading karna pasad kara hoo i maen jalde jalde aar ya paar
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Gold price is now bearish power. The price already touched daily support 1 level (1357.95). I think the price may touch daily support 2 level (1349.99).
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