Gold Daily April 7, 2014 |
| Posted: 07 Apr 2014 05:27 AM PDT  Long Term ~ Neutral - Need a monthly close above 1800 to confirm the bull market final phase underway. Medium Term ~ Neutral – Trend is now neutral after one year in bearish mode. A close above 1420-1480 needed for next significant price point--but a March close above 1322 GETS ONE MORE NOTCH to bullish. Intermediate Term ~ Neutral– A close above 1355 needed for more bullish action. We are at the end of the short term cycle window. A close below 1262-1272 puts us bearish. Short Term ~ Neutral – the short term cycle resolved to the upside and only a close below 1272-1282 would favor it to be a down one. Initial Resistance 1305-1315 2nd tier 1320-1330 Initial Support 1282-1299 and 2nd tier 1262-1272 Resistance was listed at 1293-1303 on the last update and the high was 1294. Support was listed at 1279-1289 and the low was 1282. Resistance this week is 1315-1322 and 1333-1343. On monthly resistance watch the 1328-1333 area and use as a pivot. Below 1328 and we are in Feb price territory. Above 1333, we are in March Territory. The short term trend is neutral, and does still favor higher this week but A CLOSE BELOW 1272 and forget it. Support is the gold trend line but if broken then 1266-1272.  Get Free EUR 50 To Start Trading What You Waiting For? _Free EUR 50 On Account Opening _10% deposit bonus and 200% rebate for the deposits less than $1,000 _20% for more than $1,000 This offer is not valid for global clients It is an exclusive offer for limited period, The offer valid only for who open account from the link Why Vantage FX? Trade with Winners Australian financial service providers, Vantage FX, have received a multitude of awards over the years including those from IB Times, Deal Makers, The World Finance Foreign Exchange Awards, Smart Investor and many more. Vantage FX have Award-winning Execution Speeds Competitive spreads from 0.0 pips 24/5 Premium Customer Support  The Gold Price & Trend Predictions blog made for gold traders to find good news and to provide the traders with daily price predictions and to learn how to trade the Forex Market for free.Just pure learning! It will be of great fun.You can judge by yourself the quality of information that I will be giving you in my blog. Welcome to my blog where you can learn how to trade the Forex Market for free.The material is all created by myself and not copied from anywhere. There is a lot yet to come since there is a lot that you need to learn, and there is a lot that I need to share with you! So please just be patient – it will be worth it.You can judge by yourself the quality of information that I will be giving you . So just go now and start learning! Below is a quick guide of how this website is structured, so you can find what you are looking for fast. Remember that I update the pages every day so either check back often. In this section you will find quite a long article of what Forex is all about. If you are a beginner, this is a must read. It explains in detail what is required to start trading, what you should do and not, typical traps to avoid as a beginner and a lot of valuable information which you as a beginner must digest and learn prior opening any Forex account with real money. In this section you will find your road map on how to become a real successful trader couple of months as from today. In this section you will know the 3 major areas – Technical Analysis, Fundamental Analysis and Trading Physcology. In this section you will find a gold mine of information about the technicalities of Forex. We will start from the very basics covering all the Forex jargon words which you will be hearing every day and we will be taking you up to the level required to finally learn to trade like a pro – technical analysis, also found in this section. In this section you will see the tips that will help you stay away from crap forex products, which unfortunately the Forex market is invaded with. This section has a very detailed article on how to avoid being scammed in this ruthless world of Forex. I will explain in detail six tips that you need to look for prior purchasing any products. Even though most of the time you may claim your money back,the time wasted is never returned. You should have used that time to learn how to trade! Read it!    YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED. Do your own due diligence. No one knows tomorrow's price or circumstance. I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader. I do not accept responsibility for being incorrect in my speculations on market trend. King Regards |
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