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Thread: Gold
kya ap bta sakty hain ke trader community join krne kya benefits hain kuch din pehle mujy invitattoion aya tha
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WHO DRIVES THE GOLD PRICE?
Given the importance of the gold price to the global marketplace, it pays to understand the factors that determine its value:
Stability,Supply and demand,Correlation with the USD,Central banks,ETFs HESE FACTORS DRIVES GOLD PRICE
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The price of gold ended last week passively follows it clear break to support the general bullish trend that shows the image of this day, which provides signals to the possibility that seeing a downward correction in the long intraday during the coming period.
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Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.The trading rang for today is among the major support @ 1498 and the key of resistance @ 1511.
The general over short term basis is to the upside targeting 1511 as far as area of 1520 . I closed my buy order and just watching the movement, waiting for some good entry if its able to hit the 1540 level then we see some quick raise.
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According to my analysis and prediction the Gold markets continue to go sideways as the week has been a bit choppy. However, there are several reasons for me to think that the Gold markets will continue to go higher, and the fact that we could not break out to me suggests that we are trying to build up pressure.
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gold, the price goes down sharply yesterday. 1296.20 price to penetrate the area. This further strengthens the case if the daily MA has been trending down sharply, and is under the daily MA MA weekly trending down. there is no other option than sell. if you want to sell wait for the price bounces around MA daily. likely the price will go to 1280.10. but if it fails to be heading 1296.20
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.
i have a good startgy for trading on GOLD. use two moving averages, EMA 50 and EMA10, both crossover shows the market trend,this strategy work on H1, if EMA 10 cross below the EMA50 put buy order and if EMA10 cross over EMA50 put sell order. USE candlestick pattern for entry and exit points
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.
Weekly analysis
After the pair broke the support level at the previous level of 38 Vioibnachy and confirm the general trend downward we see that the pair rebounded to the top again and the re-test of the level of 38 Vioibnachy In waiting for you will fail to break the level 38 Fibonacci or he falls again and even level of 23 Fibonacci
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, the price goes down sharply yesterday. 1296.20 price to penetrate the area. This further strengthens the case if the daily MA has been trending down sharply, and is under the daily MA MA weekly trending down. there is no other option than sell. if you want to sell wait for the price bounces around MA daily. likely the price will go to 1280.10. but if it fails to be heading 1296.20
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 bank on Thursday raised its gold forecasts to $1,325, $1,375 and $1,425 per troy ounce over the next three, six and 12 months, respectively, from $1,250, $1,300 and $1,350 per troy ounce. Based on gold's current price, that forecast represents a 10.7 percent increase over the next 12 months.
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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