Gold trading signalsToday and gold price Outlook


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