hello today,Initial support at 1518 (May 27 low) followed by 1504 (May 23 low). Initial resistance is now at 1550 (June 1 high) followed by 1577 (All time high) thanks.
Thread: Gold
hello today,Initial support at 1518 (May 27 low) followed by 1504 (May 23 low). Initial resistance is now at 1550 (June 1 high) followed by 1577 (All time high) thanks.
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: consolidation below the level of 1142
XAUUSD
Sept. 24, 2015, 11:53
Buy on a level breakthrough of 1142 with 1169 target. Stop loss = 1122.
Reason for the trading strategy
Today, it is worth paying attention to the publication of the weekly report on the labor market, the volume of durable goods orders, and the new home sales in the United States. The weak statistics will put pressure on the US dollar. In the breakdown of the level of $1142, it is worthwhile to think of resuming purchases of the precious metal.
GOLD, Daily
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i think today we can buy the gold because yesterday the gold get the correction tomorrow we can buy the gold and i think the accurate buying level is 1133 and we can get the target at at the end of the day is 1139 and stoploss 1128 this is right target for today any one tell is this is my today view
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gold is a good metal for trading... but it is not best for newbie... gold is a fastest way earning good money... but it is best to trade for those who have lot of experience and knowledge.. who have huge investment.. who understand the market of the gold..... i will suggest you not to trade at gold if you are new .. thanks
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2015-09-23 12:11 (GMT+2) Gold
XAU/USD: gold resumed fall
Support and resistance
Bollinger Bands on the daily chart is horizontal, while the price range remains wide. MACD, after it climbed above the zero line, now turning down again and forming a sell signal. Stochastic has left the overbought zone and falling.
The indicators recommend considering short positions.
Support levels: 1121.11 (local low), 1115.70, 1110.00, 1105.00, 1101.05, 1098.50 (11 September low).
Resistance levels: 1126.50 (local high), 1134.30, 1141.47 (18 September high), 1147.66 (1 September high), 1156.40, 1166.20, 1169.81 (24 August high).
Trading tips
Open short positions after the price consolidation below the level of 1121.11 with targets at 1117.40, 1108.70 and stop-loss at 1124.00. Validity 1-2 days.
Long positions can be opened after the price consolidation above the level of 1126.40 with targets at 1132.30, 1141.30 and stop-loss at 1123.00. Validity 1-2 days.
Strategy Intraday
Recommendation
Entry Point 1126.50
Take Profit 1132.30, 1141.30
Stop Loss 1123.00
Key Levels 1108.70, 1117.40, 1120.00, 1121.11, 1123.00, 1124.00, 1126.40, 1132.30, 1141.30
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Gold pr mainy zaydah working nhi ki hai kio k mughy is mai koi best strategy nhi mili aur mainy kabhi wo cheeze apply nhi ki jis mai kuch better performance na ho is leyay humy currency mai he tab takkam krna chayay...
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 yellow metal ticked down yesterday placed low 1121.16 and today its getting stronger strongly supported above the price area 1118.
SMA 100 and 200 are indicating bearish trend in h1 as well as in h4 graph.
ichimoku cloud is also indicating bearish trend tenken sen has crossed kijun sen and their slope is downward chikuo span is also below then the clouds.
the rsi of 14 days is acting as a support for this metal
sell blow 1128, expected targets 1184, stop loss 1134 and buy stop 1135
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pair- gold
time frame analysis- m15
technical analysis-
the up movement of the price is making correction from the resistance at 1140.35 level and falling down side. this is also break the support at 1132.65 level but hold at the 1130.10 level. now the price may again up side. long with stop loss at 1120.00 and profit target 1160.00
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.
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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