daily overview for Gold
r3: 1225.21
r2: 1218.69
r1: 1213.49
s1: 1195.63
s2: 1184.13
s3: 1180.93
the pair broke the triangle to up
so our trade for the pair is buy
Thread: Gold
Gold fell for the third straight session on Thursday after comments from Federal Reserve officials (US central bank) to raise interest rates in June, still is on the table, despite weak economic data in the recent period, and walked away metal Oktheran highest price in seven weeks hit on Monday when it was great hopes that postpones the Fed raise interest rates after US jobs data disappointing last week, would raise US interest rates, which will be the first in nearly a decade to reduce the attractiveness of assets is generating interest such as gold
The US dollar rose Wednesday against major currencies expanded its gains into a third session with the US central bank is ready for a possible increase in interest rates during the year immediately
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Technically: the precious metal fell today to $ 1193 levels after he fractured levels uptrend on four hours Frame is expected to re-test the broken trend and then decline to support US $ 1180 per ounce levels
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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 in these days daily time frame per sell mi ha and ye abhi kuch din tak iysa he rahy ga , gold mi kuke market bohat he tezi se move kerti ha is ly is mi trading bhi mushkal hoti ha.
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 gold price is trading sideways shows with some of the younger generation slightly since this morning, where a positive effect starts Stochastic on intraday trading, which supports our expectations for the continuation of the bullish trend effectively to this day, and that you get continued support from the SMA 50.
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daily overview for Gold
r3: 1222.21
r2: 1218.92
r1: 1213.93
s1: 1205.65
s2: 1202.36
s3: 1197.37
the pair can not break the resistance to up
so our trade for the pair is sell
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pair- gold
time frame to analysis- m30
the price has been break the resistance trend line at 1212.00 level and macd indicator is also in the up trend side. if the price is moved above the 1215.00 level then up movement can expected. long with take profit at 1250.00 and stop loss at 1200.00
good luck
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Gold fell on Tuesday, with the recovery of the dollar and the rise in global equities, but uncertainty about the timing of the lifting of US interest rates kept the precious metal, not far from the highest level in seven weeks above $ 1,200 an ounce
Gold scored its highest level since February 17 at $ 1224.10 an ounce on Monday, supported by the dollar decline after weak US jobs data fueled expectations that the Federal Reserve (Fed) may delay lifting expected to benefit this year.
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Technically: Fell precious metal today to $ 1207 levels after the summit record at $ 1224.10 levels, where it is possible that the cover price gap left behind by the stems up to $ 1235 levels and maximum landing we expect it will be at the rising trend levels Frame Daily at levels $ 1,200 per ounce and we still expect more of the Ascension at 1235 levels, 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.
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