SubscribeThe current trend downward trend and target 1695 stop loss 1680 and 1730, even went to the highest price point breakers 1730 the trend turn to the upside targets 1750 and then 1760
Thread: Gold
The current trend downward trend and target 1695 stop loss 1680 and 1730, even went to the highest price point breakers 1730 the trend turn to the upside targets 1750 and then 1760
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In m30 chart we see its going down after touching resistance level 1726.98
other support we can see at 1709.03..in gold its batter we go for only long..wait till price come near to this support range..we put pending order near to 1709.03 level with 1726.00 tp
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we can see in the (1h )chart
the pair can not close down the up trend line
all indicators refer that the pair will go up
i see the pair will go to up way
stochastic refers that the pair will go up
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Gold intraday; the downside prevails, the RSI is broke below a rising trend line.
So the downside movement is still expected.
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If a M15 close above 1730 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1710 sell only and do not buy. If price closes back above it again do nothing
The range 1730 and 1710 is neutral area, any trade done in between is personal decision and not part of this analysis
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gold break its resistance areaa...and now its move 50 points
i think now its a good time for enter in gold buy..see the h1 chart..
my tp is 1750.00 and i am sl is 1600.00
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The pair intraday; bullish bias above the level of 1700, and supported by arising trend line ;
so the upward movement is still standing on the pair.
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I'm just following the movement of Gold. But I've not enough courage to trade with this device. Because it seems to be risky for trading at me. I'm just observing its chart.
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for this metal 4 hr chart as it is now trading over ema50 line then if it could close over the nearest resistant at 1749.55 it would continue rising
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i see in this chart that the candle is going to uptrend in one hour frame so if you buy now at this price ( 1736.50 ) make for you two targets you will be able to get them your first target at (10 pipe) and the second at (the next 15 pipe) and make your stop loos at (100 pipe not more) good luck in this analysis and i hope the profit for all members
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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