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Thread: Gold

  1. #687
    Senior Member ashaab has a spectacular aura about ashaab has a spectacular aura about ashaab has a spectacular aura about ashaab's Avatar
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    Gold is in Bullish movement as long as the price is move above the 20 Day MA. If any one is buy the Gold than the stoploss can be set below the 20 Day Moving Average. As long as the price move above the 20 Day MA the more probably bulls continuation.

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    when gold traded in the range of 1600 to strengthen and confirm it as the support it would be potentially traded gold rose to 1625 range. Conversely, if the range of 1600 to confirm gold as the gold Resistance would be potentially traded down to the range 1586 to 1560 again.

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    gold

    The main theme that gold to a discussion of the mystery of Yeh Hain Bana. The last members of the Ku Carney Salake Karta Hoon Yeh I Swagat.

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    Quote Originally Posted by Skyboys007 View Post
    Today is a most happiest day for those who open a trade of Gold and keep it live overnight in last friday.
    Cause it open with a big gap.So it gives so much profit to them who keep open it.
    Now it depending on any news from US.
    i saw there is no gap in Gold for this week in IFX terminal, but today its forming dogi candle we may see some good fall on tomorrow be ready to buy in dip

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    Senior Member Olig is on a distinguished road Olig's Avatar
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    Gold as expected (after such a strong growth), Monday went to the southern correction and traded almost unchanged, but the couple went to the support level of 1585, I expect him to resume growth in the north.
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    Senior Member Miki is on a distinguished road Miki's Avatar
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    If we analyze the hourly chart we can see gold forming a converging triangle, gold, after strong growth continues to fall to the south and at the break of support in 1588, I probably selling to about the level of 1580.
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    Senior Member mahmoud mohamed tawfik will become famous soon enough mahmoud mohamed tawfik's Avatar
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    short positions at 1587.87 with 1576.550 target

    the breakout of 1599.95 will call for a slide at 1615.4200

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    The price open today above the strong nice resistance above the 20 Day MA which indicates a nice bullish signals as long as the price cannot break and close below the 20 Day MA. two scenario developed here the price either touch the upper green trendline or the price consolidated here and again falls down.

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    DJIA rally Last Nite .. Movements were common gold head CCY comm .. avergence as we go gold rates .. It was a noise signal ... small to predict the

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  19. #678
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    Gold is still likely to continue bullish. Correction is possible up to the level of 1584.30, but I choose gold will go up today. The target will lead to a level of 1618.27.

    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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