Thread: Gold
Current market looked directionless today, in truth it had been inadequate decisiveness as well as looked confused especial over usd job data, i do believe it's going to be in very same scenario until finally there's no effective announcement or perhaps assurance from larger specialists. Nevertheless constructive that it found support upon 1625 again as well as produced a superb recovery. Nevertheless slippage under 1640 again as well as again is just not very good sign around my views.
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my dear main just eur usd par trade karta hoon gold ka bhi acha pair hai aur lakin gold ki market bohat fast hai mujhe eru usd par trade karna bohat pasand hai main es say bohat acha profit earn karta hoon daily mein
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today i like to sell gold @ 1202.00
my stop loss of the day @ 120700
half take profit for today @ 1197.00
and further half take profit @ 1193.00
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pair- gold
chart analysis time frame- H1
the price is making double top chart pattern and the up movement is rejected from the resistance at 1210.00 level. this is move down side with breaking the piviot support at 1198.90 and the supporting trend line. the price may be again at the support 1180.00 level. hold the long trade with stop loss at 1150.00
good luck
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GOLD
analysis for today 12 / 23 / 2013
Resistance 3 1274.49
Resistance 2 1236.99
Resistance 1 1218.24
Pivot Point 1202.87
Support 1 1187.13
Support 2 1168.38
Support 3 1129.48
BUY 1218.24 STOP LOSS 1187.13 TAKE PROFIT 1236.99 OR 1274.49
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Trading analysis for 23rd Dec., 2013. GOLD in DAILY chart shows bullish trend. At present the price is above the pivot point. Buy on the reversal and put a target of take profit at 1st resistance level i.e., 1211.17. If 1st resistance level breaks then next strong resistance level is 1244.16.
Pivot: 1198.90
Resistance levels
R1 1211.17
R2 1219.61
R3 1231.88
R4 1244.16
Support levels
S1 1190.46
S2 1178.19
S3 1169.75
S4 1161.32
Last edited by achyut; 2013-12-23 at 02:37 PM.
analysis for today 12 / 23 / 2013
My daily trading,I hope the day is a success ...
GOLD (Daily Trade)
Resistance : R1 1209.72 R2 1219.17 R3 1237.92
Support : S1 1195.97 S2 1186.52 S3 1167.77
Open : 1202.74
High : 1205.27
Low : 1200.42
Range : 485 Pips
Running Price : 1200.59
For intraday trade today suggest BUY at the level 1200.59 stop loss at the level 1195.97 target take profit at the level 1237.92 or at the level 1275.42
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.
Sach kahn tou muje maza hi Gold me tarde karne ka ata ha ku kGold ki market bht tezi se change hoti ya yaha pe agr losss ho jye tou wo b bht hota ha but agr profit ho to b bht acha or bht jaldi profit hota ha hum ne zyada tar aj tak maximum profit Gold me hi hasil kia ha or bht enjoy kar ry hn.
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.
Well there was no fundamental news that was released today and this is why gold was not bullish....Gold was a little bullish today, opened at 1412 and touched a high of 1428 before it pulled back.
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.
Update: 22 December 2013
resistance3: 1206.21
resistance2: 1204.40
resistance1: 1203.65
Key point: 1201.34
support1: 1199.43
support2: 1198.54
support3: 1196.43
sell : 1201.91
Short target: 1199.68
Long target: 1197.67
Last edited by traderm; 2013-12-22 at 08:49 AM.
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