SubscribeTrading in gold is very rosky because it more volatile then any other pair in the forex market but in the same way it gives very quicknprofit then any other pair so no i think it will touch 1300 before any down move
Thread: Gold
Trading in gold is very rosky because it more volatile then any other pair in the forex market but in the same way it gives very quicknprofit then any other pair so no i think it will touch 1300 before any down move
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Market should pop up towards 1282.53 or 1286.68 this bullish scenario would be damaged if 1272.70 - 1267.02 zone is broken, a severe break down could then occur.
Key Point1270.75
Entry Point1281.85
Elliott1294.41
Closing1275.32
Projection1261.43
Trendline 11288.58
Trendline 21287.39
---------- Post added at 03:03 PM ---------- Previous post was at 03:02 PM ----------
Market should pop up towards 1282.53 or 1286.68 this bullish scenario would be damaged if 1272.70 - 1267.02 zone is broken, a severe break down could then occur.
Key Point1270.75
Entry Point1281.85
Elliott1294.41
Closing1275.32
Projection1261.43
Trendline 11288.58
Trendline 21287.39
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.
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.
Date: 19-11-2013
Time frame: 1h
High and low prices
High yesterday was: 1289.58
Low yesterday was: 1269.89
High today is: 1276.66
Low today is: 1270.64
Total pips today: 602
So buy from: 1275.12
Our target is: 1275.62
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Gold analysis :
date : 11.19.13
time : 07:45 GMT
time frame : 15 min
current rate : 1275.17
high : 1275.80
low : 1270.55
net change : 0.06%
overall trend : slightly bullish.
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gold day time analysis of the market with two indicator adx wilder(14) & adx(14).the value of two
different indicator shows us that
adx wilder(14) level
style : 20.03
+di : 26,70
-di : 21.00
adx(14) level
adx : 20.88
+di : 25.66
-di : 12.16
timeframe : m15
time : 0700 gmt
market trend : ranging
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date : 19/11/2013
frame : h4
Trend : Neutral
i add my order sell at 1722.50
take profit today =1.7080
sl today is :1.7260
good luck
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Gold is moving in bearish movement now. Then, if Gold can reach and break the support level at 1267.34, I think Gold will continue falling to the next support level at 1251.48. But if Gold can't break that support and can be rejected on that support, I think Gold will form the double bottom chart pattern on that support and Gold may rebound to the resistance level at 1285.37 or higher.
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Gold technical analysis
date : 11.19.2013
time : 06:30 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 44.97
2) MACD (26,12,9)
value: -0.439
3) ADX (14)
value: 18.35
4)CCI(14)
value: -76.44
overall trend - slightly bearish.
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hi
frame = h1
momentum(14) : 99.87
cci(14) : 103.62-
bulls (13) :0.47-
i see the pair down up trend
so i will sell from : 1.3507
and my target : 1.3609
and my sl : 1.3450
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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