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What You Waiting For?
Long Term ~ Bearish - Need a monthly close above 1800 to confirm the bull market final phase underway.
Medium Term ~ Neutral – We need to close above 1272 on the last day of May to avoid a bearish reading. BUT IT IS ALSO POSSIBLE FOR JUNE TO PROVIDE THE LOW FOR THE YEAR IN GOLD. Keep that in mind and don’t become too discouraged if we do close below 1272.
Intermediate Term ~ bearish– NEED two closes above 1277 in order to go back to neutral. Need close above 1312 and 1312-1322 for bullish.
Short Term ~ bearish–WINDOW CLOSES FRIDAY FOR THE NEXT TWO WEEK TREND. A CLOSE ABOVE 1277 IS NEEDED IF GOLD IS TO REVERSE back to bullish. OTHERWISE, 1222-1240 CAN BE NEXT TARGET.
Initial Resistance 1254-1265 2nd tier 1272-1277
Initial Support 1234-1241 and 2nd tier 1222-1226
Medium Term ~ Neutral – We need to close above 1272 on the last day of May to avoid a bearish reading. BUT IT IS ALSO POSSIBLE FOR JUNE TO PROVIDE THE LOW FOR THE YEAR IN GOLD. Keep that in mind and don’t become too discouraged if we do close below 1272.
Intermediate Term ~ bearish– NEED two closes above 1277 in order to go back to neutral. Need close above 1312 and 1312-1322 for bullish.
Short Term ~ bearish–WINDOW CLOSES FRIDAY FOR THE NEXT TWO WEEK TREND. A CLOSE ABOVE 1277 IS NEEDED IF GOLD IS TO REVERSE back to bullish. OTHERWISE, 1222-1240 CAN BE NEXT TARGET.
Initial Resistance 1254-1265 2nd tier 1272-1277
Initial Support 1234-1241 and 2nd tier 1222-1226
Gold Chart
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http://lordoftruth.blogspot.com/
The
1235-1241 area is where gold has been since Monday. That’s daily
support. IF we lose it, Weekly support is the 1206-1227 and on closing
basis 1222. Monthly is at 1172-1180. Resistance is 1254-1265 and 1277.
With
Wednesday here, it possible that gold bounces higher (especially after 7
down days) but even with that we have ADP report (which has been way
off the mark to NFP) and if it does bounce, we still have to deal with
NFP on Friday. That usually means the upside will become limited on
Thursday until Friday morning.
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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.
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Competitive spreads from 0.0 pips
24/5 Premium Customer Support
_Trade with Choice:
Take your pick. Choose from -->
32 Forex currency pairs
Major indices including SPI200, S&P500, DJ30
Commodities – gold, silver and crude oil
Binary Options – click here to read more about this exciting, new way to trade
_Trade with flexibility:
Choose your leverage amount ranging from 1:1 to 500:1
Choose your lot size - micro, mini or standard lots
Choose your account type – Standard or Pro, Individual or Joint
_Trade Your Way:
Choose the trading solution that matches your trading style:
The popular MetaTrader 4 (MT4)
MT4 for Mac – Exclusive to Vantage FX in Australia
MetaTrader 5
WebTrader
Mobile trading apps for iPhone, iPad and Android
Social trading via FX Copy
_Trade Securely and with Transparency:
No Dealing Desk Execution. No Requotes
100% Straight Through Processing
ASIC Regulated Standards
Funds Secure in Segregated Client Accounts at NAB
_Trade Wisely:
Daily market analysis from our key expert writer and currency strategist, Greg McKenna
Daily Forex Currency Highlights reports
Learn, follow and copy leading successful traders on FX Copy
Free Autochartist tools for live Vantage FX account holders
Free webinars and access to webinar archives
Other educational resources including infographics, glossary and guides
Samer Al Reifae
support5002@vantagefx.com
https://www.facebook.com/LORDOFTRUTH
https://www.facebook.com/FollowTheRaw
https://www.facebook.com/groups/vantagefx/
http://lordoftruth.blogspot.com/
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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.
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.
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
