Wednesday, May 22, 2013

Shuttle in Gold Prices Due to Market Worries

Bismillah ...
Gold Chart attention to conditions on the day, look at bigmap gold back monthly decline continues. Gold prices are now playing under 1400.

the monthly TF condition strong down trend, or the seller is very dominant in monthly due weekly MA is outside the normal area, under sd-1 BB monthly.

the weekly TF condition weak up trend, because daily MA is in the normal area, in the sd-1 BB weekly. begin there are buyer in weekly.

The next step what to do by day trading? consider the condition of gold prices on monthly and weekly TF consolidation with the trend seen up and down.


Gold Trading Signal

BUY   : 1373

SL     : 1363

TP     : 1393


HAVE A NICE TRADE

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