
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Forum on trading, automated trading systems and testing trading strategies
Press review
newdigital, 2014.05.10 15:18
Gold forecast for the week of May 12, 2014, Technical AnalysisGold markets initially tried to rally during the week, but found far too much in the way of resistance above the $1300 level to continue that move. That being the case, we ended up falling enough to form a shooting star but there are two hammers just before this candle as well, leading us to believe that we are probably getting ready to grind sideways. With that being the case, we think that ultimately this market will probably go higher, and a break of the top of the shooting star from this past week would be a buying opportunity. We suspect that the “floor” in this market is at the $1200 level.
Я считаю, что золото упадет ниже $ 1000 барьера, как, как это было в 80-х ...
я думаю его купить здесь, в 1289 для 1308
W1 timeframe. This is primary bearish (price is below Ichimoku cloud/kumo) with secondary Flat. So, it is flat. Nearest support levet is 1268 (we can see it on the chart below - i am using Maksigen indicator from MT5 CodeBase for s/r levels).
D1 price is ranging between 1315 and 1273 levels. By the way - it is the flat for now too.
and it is ranging on H4 as well
in the short term and may reach to 1324.
Thank you i think so too.
Good charts :)
i think now sell from 1305 to 1280....
my SL is 1307 if am wrong