Gold trading signalsToday and gold price Outlook GOLD buy @ 1215 tp @ 1229 sl @ 1208 Explanation of the gold trading signals today Gold is preferred to buy at the market price as long as the price of gold above the level of 1208 as a stop loss level Profit taking is set at 1229 for automatic exit on a profit Gold Analysis and Gold Technical Outlook The trend of gold in the near term and the medium is very bearish and the bearish trend continues However, technical indicators are showing signs of recovery in gold prices The price of gold has formed the technical model known as the measured move Where the price of gold fell from the level of 1265 to reach the level of 1236 and represents the first wave decline in the pattern The price of gold rose corrective until it reached the level of 1245, which dropped from it to start the last bear wave, which ended near the level of 1211 The first and second waves are equal in length Which expresses the end of the pattern and is considered a signal for the rise The RSI gave an early warning signal on the end of the current bearish trend through the revolutionary divergence pattern The reversal candle pattern, known as the hammer, appears on the four-hour frame, which represents an opportunity to enter the buy free forex trading signals live and EUR / USD outlook EUR USD sell @ 1.1750 tp @ 1.1680 sl @ 1.1790 Euro and Dollar Technical Outlook and forex trading signals free The EURUSD rose from the 1.1500 level on 12-6-2018 until the EURUSD reached 1.1760 and during this rally the EURUSD formed the bullish measured move pattern and the two waves are equal height The pair also formed another measured move pattern as it rose from the 1.1530 level to confirm the EURUSD selling opportunities The EURUSD is testing the medium term downtrend line near 1.1750 EURUSD also formed the bearish divergence pattern on the RSI on the 4 hour and 4 hour frame All of these technical indicators are a strong driver to send currency recommendations today to sell EURUSD Explanation of the Euro-Dollar recommendation and currency expectations EURUSD is preferred to sell on FX market as long as EURUSD trades below the down trend line And below 1.1790 as a stop loss and exit from the deal targeting the 1.1680 level of take profit
Can you trade options on gold? That would surely give more leverage on relatively small movements? Personally, I would prefer not to trade an investment on a short term bounce from an oversold position where the trend is still downwards.
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