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Thread: Gold

  1. #7250
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gold
    analysis time frame- m30



    the down movement of the price is hold at the support 1145.80 level and moving up side. the macd bar is also close above the zero line so price up movement can expected but its having resistance at the 1158.70 level. if this is break then long with take profit at 1180.50 and stop loss at 1120.00
    good luck.

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  2. #7249
    Senior Member ANDRIAS will become famous soon enough ANDRIAS's Avatar
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    http://prntscr.com/557kwh
    analysis for today 11 / 11 / 2014
    Below is the formula to determine the pivot point, support and resistance.
    Information candle GOLD on the date 11 / 10 / 2014
    OPEN 1177.72
    HIGH 1177.76
    LOW 1147.11
    CLOSED 1151.10

    The third resistance (R3) 1177.76 - ( 1158.66 - 1147.11 = 11.55 x 2 = 23.09 )= 1200.85
    The second Resistance (R2) 1158.66 + 1177.76 - 1147.11 = 1189.31
    First resistance (R1) 1158.66 x 2 = 2317.31 - 1147.11 = 1170.20
    pivot points 1177.76 + 1147.11 + 1151.10 = 3475.97 / 3 = 1158.66
    Support for the first (S1) 1158.66 x 2 = 2317.31 - 1177.76 = 1139.55
    Support second (S2) 1158.66 - ( 1177.76 - 1147.11 = 30.65 ) = 1128.01
    Third Support (S3) 1147.11 - ( 1177.76 - 1158.66 = 19.10 x 2 = 38.21 )= 1108.90

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  3. #7248
    Senior Member karem.galal is an unknown quantity at this point karem.galal's Avatar
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    we can see in the 1w chart
    the pair will go to down way to the down trend line
    i see the pair will go to down way to 1207.08
    stochastic refers that the pair will go down
    so our target sell from 1283.31 and our target will 7623pips

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  4. #7247
    Member aly_65 is an unknown quantity at this point aly_65's Avatar
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    Gold will raise upto 1650-1660 levels and then we see some huge fall to retrace the Big raise
    in last few days and then we can target 1700 levels in some couple of months.

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  5. #7246
    Senior Member wench is on a distinguished road wench's Avatar
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    the price seems to move in downward trend today on the XAUUSD chart as there are a red dots above the bars and as long as the price keeps lower than the strong resistance of 1193.47 which is also the weekly Pivot point then it seems that the price may keep going south till it can hit the weekly pivot support at 1146.48 .
    In other scenario if the price can break the resistance 1193.47 and get a bullish signals by a blue dots then its expected to keep going north till the resistance of 1209.41 as the next weekly Pivot point.
    .

    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.


  6. #7245
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gold
    analysis time frame- m30



    the price of the gold is in the up trend side with breaking the resistance trend line at 1146.56 level. this up movement is continue to the higher resistance at 1177.00 level and again down side. if this is break the support at 1260.00 then short with take profit at 1150.00 and stop loss at 1178.00
    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.


  7. #7244
    Senior Member ANDRIAS will become famous soon enough ANDRIAS's Avatar
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    prntscr.com/54ux7w
    analysis for today 11 / 10 / 2014
    Below is the formula to determine the pivot point, support and resistance.
    Information candle GOLD on the date 11 / 7 / 2014
    OPEN 1141.74
    HIGH 1178.52
    LOW 1131.86
    CLOSED 1177.71

    The third resistance (R3) 1178.52 - ( 1162.70 - 1131.86 = 30.84 x 2 = 61.67 )= 1240.19
    The second Resistance (R2) 1162.70 + 1178.52 - 1131.86 = 1209.36
    First resistance (R1) 1162.70 x 2 = 2325.39 - 1131.86 = 1193.53
    pivot points 1178.52 + 1131.86 + 1177.71 = 3488.09 / 3 = 1162.70
    Support for the first (S1) 1162.70 x 2 = 2325.39 - 1178.52 = 1146.87
    Support second (S2) 1162.70 - ( 1178.52 - 1131.86 = 46.66 ) = 1116.04
    Third Support (S3) 1131.86 - ( 1178.52 - 1162.70 = 15.82 x 2 = 31.65 )= 1100.21

    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.


  8. #7243
    Senior Member wench is on a distinguished road wench's Avatar
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    the price seems to move in upward trend today on the XAUUSD chart as there are a blue dots below the bars and as long as the price keeps higher than the strong support of 1146.48 which is also the weekly Pivot point then it seems that the price may keep going north till it can hit the weekly pivot resistance at 1193.47 .
    In other scenario if the price can break the support 1146.48 and get a bearish signals by a red dots then its expected to keep going south till the support of 1115.43 as the next weekly Pivot point.
    .

    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.


  9. #7242
    Senior Member souravdgx is on a distinguished road souravdgx's Avatar
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    i bought gold with big take profit.so that is why i lost a huge fortune my friend.i think we should have some smaller target and should not get greedy in gold trade.because it may cost a fortune for us.so be careful all traders.gold is dangerous

    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.


  10. #7241
    Senior Member wench is on a distinguished road wench's Avatar
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    the price seems to move in upward trend today on the XAUUSD chart as there are a blue dots below the bars and as long as the price keeps higher than the strong support of 1143.7533 which is also the weekly Pivot point then it seems that the price may keep going north till it can hit the weekly pivot resistance at 1218.1633 .
    In other scenario if the price can break the support 1143.7533 and get a bearish signals by a red dots then its expected to keep going south till the support of 1115.0567 as the next weekly Pivot point.
    .

    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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