buddy Gold ka ki khaas trend nhi hi bht dafa main nyes baat ko note kiya hai k Gold experienced traders ko bhi Dhool chata deta hai bht se traders jab buy karwa rhe hoty hain tab Gold down aa jata hai acha khasa
Thread: Gold
buddy Gold ka ki khaas trend nhi hi bht dafa main nyes baat ko note kiya hai k Gold experienced traders ko bhi Dhool chata deta hai bht se traders jab buy karwa rhe hoty hain tab Gold down aa jata hai acha khasa
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DJIA on rally last nite.. gold were joint comm ccy to upside move.. as us index moving avergence with gold.The trading rang for today is among the major support @ 1498 and the key of resistance @ 1511.
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Technology Daily Show, 5 SMA at 10 SMA above, RSI less than 50 to trend higher, technical index of MACD (12, 26, 9) signal line and the main line of low cross was steady, the market outlook is expected to short-term price or slightly lower.
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Weekly technical analysis for GOLD
GOLD looks set for gains to 1313.93. Supports at 1281.24 and 1273.45. A break of 1248.54 will damage this bullish structure.
Key Point 1312.35
Entry Point 1288.23
Trendline 1 1284.79
Trendline 2 1284.79
Support 1 1273.45 Support 2 1248.54
Resistance 1 1313.93 Resistance 2 1329.51
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bhai ji gold mein long term trading ke liye trader ke paas kaafi strong capital hona chahiye kyunki gold mein bahut he movement dekhne ko milti hai aur trader achha back up chahiye hoga,esme sirf experienced trader ko he kaam karna chahiye jo achhe se analysis kar sakein..
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Daily analysis for GOLD
Gold flat correction down 1274.17, new daily high close to first daily resistance 1292.4
Elliott 1306.57
Closing 1284.30
Ex-Low 1277.42
Ex-High 1293.01
Support 1 1276.82
Support 2 1269.33
Resistance 1 1292.41
Resistance 2 1300.51
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Trading Signal - 02/05/2014 - 10:00 GMT +3
Instrument: GOLD
60min CHART
Downwards Strong
Waiting for a retracement higher towards the 1290.0000 resistance level in order to reinstate SHORT positions.
The market is testing resistance at 1310.0000. We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance the 0.0000 level.
Support & Resistances
1277.5800 1290.0000
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bhaiya ji maine abhi 3 se 5 dino se gold ko follow karna shuru kiya hain gold mein bahut movement hota hain lekin main day trader hu aur uske liye main jayda higher time frame analysis nahi karunga lower par entry dekh kar chota target pura hone par trade close kar dunga
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analysis for today 5 / 2 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1287.03
Retracement (50%) 1290.05
retracement (61,8%) 1293.06
Extensions (61.8%) 1261.52
Extensions (100.0%) 1251.78
Extensions (138.2%) 1242.04
Extensions (161.8%) 1236.01
calculation based on a Fibonacci retracement then today I choose sell
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