Thread: Gold
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daily overview for Gold
r3: 1232.13
r2: 1228.05
r1:1221.34
s1: 1210.55
s2: 1206.47
s3: 1199.76
the pair broke the channel to up
so our trade for the pair is buy
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Trading Signal - 07/04/2015 - 10:00 (GMT +2)
Instrument: GOLD
Time : 60min CHART
Trend & Condition : Upwards Weak
The completion of trend reversal formations at 1215 has forced us to close our position earlier than we had planned. Now we are looking for the next opportunity to enter the market
Support & Resistances :
1211 1230
1202 1252
1193 1256
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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.
Gold commodity is a very goo thing, But it needs a good amount of analysis by a trader. Gold is very Volatile than all Forex pairs, I try my best to control my lot sizes at the time that i trade Gold.
Patience is Key.
Dear rolling if you want to grab an early opportunities and open transactions in the morning, you can start implementing your operations as long as prices move within the area between (1217.40) and (1210.57) because it is the height of the opening of the new area of operations during the morning hours
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
time frame to analysis- m30
the price up movement is rejecting down side from the resistance at 1222.30 level and break the lower support at 1214.50 level. the macd indicator is also in the down trend side. the price may moved to the lower support at 1196.40 level then pull up. hold the long entry with stop loss at 1182.00
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.
Gold trading volatility witnessed on Tuesday near the highest level in seven weeks recorded yesterday in light of the weak dollar and increased demand for the precious metal after growing market confidence that the Fed will continue to postpone the decision to raise interest rates probably to the last quarter of this year
And fueled the weak US jobs data on non-farm sector expectations that the Fed Serjie anticipated increase interest rates this year reinforces the lure of gold as a safe haven. The recorded data released last Friday, the slowest pace of growth in more than a year.
Technically: the precious metal fell today to 1210 levels after the summit record at $ 1224 levels where it is possible that the price to cover the gap left behind before he starts up
To levels of $ 1235 and we still expect more of the Ascension at 1235 levels of states and then $ 1,300 levels in the medium term
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.
the near-term rally may gather pace in which is expected to be delivered by end of September 2015 means that up trend is expected and the pair might head but also the hourly correction is expected before continue in the up trend.
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
time frame to analysis- m30
the price is making higher to high and the macd indicator is high to lower side. if the price is again down from the resistance at 1221.50 level with macd lower divergen. if the price is move below the 1214.00 then short with profit target at 1190.00 and stop loss at 1232.00
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.
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