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- Avinash87 replied May 16, 2012
Gold on 1 hr chart — image Attached is the 1 hour chart on gold which shows a downtrend channel but has been supported by the downtrend support level from the channel
- Avinash87 replied May 9, 2012
Gold triangular breakout on 4hr chart — image Attached is the 4 hr chart on Gold which I had attached previously for a triangular pattern waiting for a breakout. Breakout on Gold happened yesterday as Gold fell from 1630 levels to a low of ...
- Avinash87 replied May 4, 2012
1630 had been broken...since then it fell to 4-5$...another alternative way of being secured to trade is- if the candle stays completely outside the triangle that can give a better indication as the triangle line can act as a resistance...Moreover ...
- Avinash87 replied May 4, 2012
Thanks...although the trend seems to be down from the starting of this week creating lower highs and breaking lower lows...need to be very careful today during and after the Non Farm payroll data which can go either ways...
- Avinash87 replied May 4, 2012
Gold 4 hrs Traingle format — image Attached is the 4 hour chart on Gold which is forming a triangular either waiting for a breakout or bouncing within the triangular consolidation pattern. 1630$ an ounce seems to be a good support level and ...
- Avinash87 replied Apr 24, 2012
Its broken and testing Moving average 200 line as per the screenshot so a good 7-8$ breakout from the line.
- Avinash87 replied Apr 24, 2012
Gold trend — Yes it is broken and comfortably stays above the line, The next resistance level seems to be between 1646-1647 Moving Average 200 which is also a good testing level. It was good to go for short number of pips for breaking on the ...
- Avinash87 replied Apr 24, 2012
Gold downtrend formation on 1 hour chart — image
- Avinash87 replied Apr 23, 2012
Re: Gold 1 hr downtrend — Thanks... Do you have an email?...May be you could get more...I also post on few more forums...If you have time feel free to visit: url Please give me your feedback and suggestions if you have for anything to ...
- Avinash87 replied Apr 23, 2012
Gold 1 hr downtrend — image Gold has been continuing to create multiple entry and exit points as continuing to flow in a downtrend consolidating range. Blue lines showed an uptrend which was broken on 13th April. The 2 red lines indicate ...
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