Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
XtreamForex Daily Technical Analysis
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="xtreamforex, post: 165264, member: 35633"] [B][SIZE=6][COLOR=#ff0000]Technical Overview of the Commodities Gold and Silver[/COLOR][/SIZE] [COLOR=#ff0000]Overview of Gold[/COLOR][/B] 1) It is expected, that the price for gold could continue to decline. A potential downside target is the support level at 1,273 & Stalls @ the monthly pivot. 2) As it has formed a Large Bullish High volume Candle, It represents that the aggressive news buying is over and if the Highs r not broken then we may see it to decline again. 3) It’s making a series of Lower Highs and Lower Lows, Representing a declining position. 4) It’s in a formation of Gartley Pattern. 5) The D1 Price and Change in Candle Chart below For May 2019. We can see whenever the price and change in candle r in close proximity with each other they repell, triggering a change in trend. [B][COLOR=#ff0000]Overview of Silver[/COLOR][/B] 1) It is expected, that the price for silver could continue to decline. 2) From the past 10 weeks, Silver is declining and making a series of Lower Lows and Higher Lows. 3) Now the Metal made a High Volume Candle. 4) At the Weekly Pivot. 5) Below the Last week Pivot. 6) At the previous and current Value Area High. 7) Test of 20 EMA from Daily 1 Chart. 8) A break below close below candle may trigger a selling bias again. 9) With Strong support @ SUP1 Week 1 = 14.38. 10) With Strong Support @ SUP2 Month 1 =14.36. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…