Thread: Gold
http://prntscr.com/4cnmry
analysis for today 8 / 14 / 2014
GOLD
Resistance : R1 1319.67 R2 1329.12 R3 1347.87
Support : S1 1306.35 S2 1296.90 S3 1278.15
Open : 1312.52
High : 1315.65
Low : 1310.37
Range : 528 Pips
Running Price : 1315.00
Strategy : BUY at the level 1315.00 stop loss at the level 1306.35 target take profit at the level 1347.87 or at the level 1385.37
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.
pair- gold
chart analysis time frame- m30
the price is not able to break the strong support at 1306.56 level and moving up side but this up movement is again rejecting down side from the resistance at 1316.69 level and break the daily pivot point at 1310.67 level. if this break 1305.00 level then make short entry with profit target at 12580.00
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.
http://prntscr.com/4cobs8
analysis for today 8 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 8 / 13 / 2014
OPEN 1309.11
HIGH 1314.74
LOW 1304.73
CLOSED 1312.61
The third resistance (R3) 1314.74 - ( 1310.69 - 1304.73 = 5.96 x 2 = 11.93 )= 1326.67
The second Resistance (R2) 1310.69 + 1314.74 - 1304.73 = 1320.70
First resistance (R1) 1310.69 x 2 = 2621.39 - 1304.73 = 1316.66
pivot points 1314.74 + 1304.73 + 1312.61 = 3932.08 / 3 = 1310.69
Support for the first (S1) 1310.69 x 2 = 2621.39 - 1314.74 = 1306.65
Support second (S2) 1310.69 - ( 1314.74 - 1304.73 = 10.01 ) = 1300.68
Third Support (S3) 1304.73 - ( 1314.74 - 1310.69 = 4.05 x 2 = 8.09 )= 1296.64
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.
pair- gold
chart analysis time frame- m30
the price up movement is not able to break the resistance at 1316.10 level and falling down but hold at the support 1305.00 level. the price is again up but may rejecting down side. macd indicator is giving short signal so make short entry with breaking 1302.00 level with stop loss at 1325.00
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.
http://prntscr.com/4cdd3d
analysis for today 8 / 13 / 2014
GOLD
Resistance : R1 1315.37 R2 1324.82 R3 1343.57
Support : S1 1301.69 S2 1292.24 S3 1273.49
Open : 1309.11
High : 1310.99
Low : 1306.07
Range : 492 Pips
Running Price : 1307.88
Strategy : SELL at the level 1307.88 stop loss at the level 1315.37 target take profit at the level 1273.49 or at the level 1235.99
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.
thanks for posting man ! i was also thinking about it moving further up as news about gold are encouraging and mostly the candlesticks i observed were in buying pattern selling or down candles were just a few and narrow
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.
http://prntscr.com/4caaru
analysis for today 8 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 8 / 12 / 2014
OPEN 1308.06
HIGH 1317.64
LOW 1305.42
CLOSED 1309.14
The third resistance (R3) 1317.64 - ( 1310.73 - 1305.42 = 5.31 x 2 = 10.63 )= 1328.27
The second Resistance (R2) 1310.73 + 1317.64 - 1305.42 = 1322.95
First resistance (R1) 1310.73 x 2 = 2621.47 - 1305.42 = 1316.05
pivot points 1317.64 + 1305.42 + 1309.14 = 3932.20 / 3 = 1310.73
Support for the first (S1) 1310.73 x 2 = 2621.47 - 1317.64 = 1303.83
Support second (S2) 1310.73 - ( 1317.64 - 1305.42 = 12.22 ) = 1298.51
Third Support (S3) 1305.42 - ( 1317.64 - 1310.73 = 6.91 x 2 = 13.81 )= 1291.61
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.
http://prntscr.com/4c3z3x
analysis for today 8 / 12 / 2014
GOLD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1308.87
Retracement (50%) 1308.14
retracement (61,8%) 1307.40
Extensions (61.8%) 1315.10
Extensions (100.0%) 1317.48
Extensions (138.2%) 1319.86
Extensions (161.8%) 1321.33
calculation based on a Fibonacci retracement then today I choose buy
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.
Trading Signal - 12/08/2014 - 10:00 GMT +3
Instrument: GOLD
60min CHART
Upwards Strong
A Medium probability, entry signal to go LONG will be given with the upward break of 1315 after the
market found support at 1307. Only the downward break of 1305 would cancel the bullish scenario.
Support & Resistances
1307 1323
1298 1330
1283 1342
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.
pair- gold
chart analysis time frame- m30
the price is not able to break the support at 1304.98 level and moving up side with making the double bottom chart pattern. its break the resistance at 1311.00 level. and may be continue up to the resistance at 1321.00 level. long with the stop loss at 1300.00
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.
There are currently users online. members and guests
Threads:
Posts:
Member:
Subscribe
Thanks
Currently Active Users
