Wednesday, April 17, 2013

Gold Further Decline, Sell at Rebound

Gold Further Decline, Sell at Rebound
Bismillah ...
the movement of gold prices today, gold in recent days is experiencing significant downward movement, compared to the normal daily average is around $ 20 per day. to addressing this needed flair traders to take a position or to be safe just wait and see.

the monthly TF condition strong down trend, or the power is dominant in monthly seller. because MA weekly outside the sd-1 monthly BB, chances are very strong down monthly.


the weekly TF condition strong down trend, because MA daily outside the sd-1 weekly BB, chances are very strong down.

The next step what to do by day trading? consider the condition of gold prices on monthly and weekly TF, looks very strong gold prices to go down. The first resistance is at yesterday's high, and support at yesterday's low. observe the behavior of the price at the check point and follow the trend! and wise in deciding stop loss.



GOLD TRADING SIGNAL TODAY
SELL : 1390 BUY : 1300
SL : ---- SL : ----
TP : 1370 TP : 1320


HAVE A NICE TRADE

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