Subscribemost price on bulls and let see first to nice buy op if Gold can break to above 1337.86
Thread: Gold
most price on bulls and let see first to nice buy op if Gold can break to above 1337.86
The price of the gold provides slight positive trading since yesterday, approaching from the EMA50, which represents a major resistance at 1350.00, and as we mentioned in our last reports, the sideways range remains the dominant on the intraday trading, between 1350.00 and 1300.00, waiting to confirm breaching one of these levels to detect the next trend clearly. The details of the expected targets from breaching these levels are mentioned in our previous reports.
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I think that The trading rang for today is among the ajor support @ 1498 nad the key of resistance @ 1511. Thanks for all. Good luck
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today i like to sell gold @ 1344.30
my stop loss of the day @ 1351.10
half take profit for today @ 1336.10
and further half take profit @ 1322.00
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Forex trading mein gold pr trading krna risky hota hai leikin ager app ko market ka pata hai tou app forex trading meing gold pr bits laga kr easily achi earning kr saktey hain.Ager forex trading mein loss hai tou eis mein profit b ziyada hai.Bohat sey log forex trading mein gold pr trading krna like krtey hain eis waqt gold 1336.15 pr hai our umeed hai k next week tak ye 1400.00 tak jaye gei eis pr buy bid lagana best 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.
Gold price already touched Fibonacci 161.8 level. Now the price try to move down ward. I think the price may touch daily pivot point (1329.57).
Last edited by omar555ak; 2013-09-26 at 03:37 PM.
Gold is currently moving slide from 1337 to 1327 level. Trend long term is bearish breaking off 1337 level then next target will be 1353 or daily candle closing below 1320 will move the pair to 1300. Currently just scalping possible so use small lot or its better stay away from it, wait for 1337 or 1327 level for breaking.
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Gold analysis :
date : 09.26.13
time : 04:00 GMT
time frame : 15 min
current rate : 1331.39
high : 1336.16
low : 1329.76
net change : -0.23%
overall trend : slightly bullish.
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Daily pivot Fibonacci points: Resistance levels: R1: 1337.88 R2: 1342.45 R3: 1350.23 Support levels: S1: 1320.45 S2: 1316.04 S3:1307.35
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time frame- H1
price has been break the resistance and the pivot point at the 1329.36 and making a small pull up with the bullish engulfing candlestick pattern. if the price is break the 1337.00 level its continue up movement is expected to the 1350.00 level
trade type-long
target@1350.00
stop loss@1320.00
good luck.
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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